Inflation proofing corporate gains ceased December 2017

By P&A Knowledge Team · 14 March 2018 · Posted in Corporation Tax

As part of the Autumn Budget measures, the Chancellor announced that the indexation allowance for corporate chargeable gains would cease on 31 December 2017. The indexation allowance allowed companies to compensate for the effects of inflation and CONTINUE READING

Dormant company obligations

By P&A Knowledge Team · 21 February 2018 ·

Posted in Corporation Tax

If a company has stopped trading and has no other income then HMRC should be informed for corporation tax purposes. HMRC can also send a notification if they think a company is dormant. This notice will state that a company or association is dormant

Continue reading

Projects that count as R & D for tax purposes

By P&A Knowledge Team · 18 January 2018 ·

Posted in Corporation Tax

Research and development (R&D) tax credits were introduced for small and medium sized enterprises (SMEs) in 2000 and for large companies in 2002. R&D credits are a corporation tax relief to encourage innovation and enterprise within the UK

Continue reading

Search blog by subject