UHY Ross Brooke Chartered Accountants
In 2020/21 there were 1,275 R&D claims in the Agriculture, Forestry and Fishing industries; of these, 1,180 were small and medium sized enterprises (SMEs) and 35 were R&D expenditure credit (RDEC) claims, made by large UK companies. These claim values had a combined eligible expenditure of £375m, with resulting savings
Facing huge criticism and market turbulence following his announcement of a series of “growth” measures, Chancellor Kwasi Kwarteng has backtracked on his decision to abolish the 45p rate of income tax paid by people earning more than £150,000 a year. The proposal to scrap the rate had been criticised as
Gift Aid Awareness Day is on 6th October 2022 and will be using the #TickTheBox tag. By raising awareness for charities to promote Gift Aid, it is hoped that more taxpayers will tick the box when making charitable donations, and, as all charities should know, that will increase the total value
by Phil Kinzett-Evans The Government’s mini-Budget has come under a great deal of criticism, but there were things that businesses can utilise to strengthen their growth position and invest in their human capital: Existing businesses The well noted removal of the increase to Corporation Tax means that companies who budgeted
Are you wondering how this week’s mini budget could impact you? Download our summary of the key points from the September 2022 Mini-Budget, which includes: Chancellor reveals his plan for growth National Insurance Contributions Income tax Business Stamp Duty Land Tax Energy prices NHS The week leading up to Chancellor
The government has thrown a lifeline to businesses, charities and public sector organisations such as schools and hospitals, with its energy price cap announcement. The wholesale price for non-domestic energy is expected to be fixed at £211 / MWh for electricity and £75 / MWh for gas; an estimated 45%
Under new laws to be introduced, landlords will have to pass on the energy discounts to tenants whose rent is all-inclusive. The final details are yet to be ironed out, but this must be a light on the horizon for the 585,000 households who stand to benefit. Unfortunately the discounts
The 70-year reign of Queen Elizabeth II was marked by her sense of duty and her determination to dedicate her life to her throne and to her people. For many of us, she became a constant in a rapidly changing world. King Charles lll paid tribute to the reign of
The reality for many small businesses and households has taken a turn for the worse recently as prices continue to surge, particularly energy. So, what’s on offer from the new Prime Minister? The first announcement of the new Prime Minister, Liz Truss, was a plan to freeze energy prices for
Innovate UK is offering up to £25 million in loans to micro, small and medium-sized enterprises (SMEs). Loans are for highly innovative late-stage research and development (R&D) projects with the best potential for the future. There should be a clear route to commercialisation and economic impact. Your project must lead