These have become a major focus of HMRC interest as they often yield tax liabilities because HMRC are able to ‘break’ the records with comparative ease. However, when HMRC seek to issue excessive assessments off the back of this, then…
Dave Wase discusses how effective use of the HMRC complaints process can yield results, provided they are done on the correct basis. In the short time I have been with FC Tax Advisory, I have come across a number of…
Welcome to our legal sector newsletter which should provide something of interest to most law firm managing partners, finance management and COFAs. We have articles on profit improvement, tax expense claims and financial planning help for partners along with an…
In this newsletter, we will update you on the latest HMRC activities, discussing examples of poor service and standards that are being seen more regularly, along with how we have countered these to our clients’ benefit. We will also share…
There is a lot going on and no shortage of things to write about, however, in this issue I would like to focus on some recent reporting by the Fundraising Regulator. For a while now, we have become familiar with…
PKF Francis Clark Corporate Finance are delighted to have acted as lead advisors for the shareholders on the sale of Arada Limited to the management team. Arada, founded by John Burgis in the 1970’s and based in Axminster, is one…
Welcome to our latest edition. Inside this issue, we look at a number of the topical financial planning stories making the news agenda. Creating and maintaining the right investment strategy plays a vital role in securing your financial future. But…
HMRC has recently released research and development (R&D) tax relief statistics which show the number of claims rose by 22% from 2015/16 to 2016/17 with over 52,000 claims. However, the value of claims grew by only 14% over the same…
HMRC has recently released research and development (R&D) tax relief statistics which show the South West are outperforming the national picture. Across the UK the value of claims grew by 14% from 2015/16 to a total of £4.4bn in 2016/17.…
The definition of eligible Research and Development (R&D) is much broader in scope than you might think and can include any work that seeks to improve or create a process, material, device, product or service through the resolution of technological…