UHY Ross Brooke Chartered Accountants
Finance Act 2021 legislated for the temporary 130% super-deduction for companies acquiring new plant and machinery announced in the Spring 2021 Budget. This applies where the expenditure is incurred between 1 April 2021 and 31 March 2023. This means that a new machine that cost £100,000 will reduce the company’s
In an unexpected offer of generosity, as part of the Chancellor’s spring budget, temporary ‘super’ capital allowances were announced with a view to kick start the post-Covid recovery. Nolan Masters sets out what this means for different property owners, occupiers and investors, in terms of who is likely to benefit
In a worrying move, HMRC has been writing to a number of tradesmen informing them that the figures submitted in their tax returns do not compare with the results filed by their competitors and/or the benchmarks set by HMRC. For example, we have learned that HMRC expect Painters and Decorators to