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Businesses ‘overpaid £11.5bn’ in corporation tax

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Businesses claimed back £11.5 billion in overpaid corporation tax from HMRC last year, as Covid losses hit, according to one estimate. That meant the...

Chancellor plans to slash corporation tax to prove Britain is “open for business”

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In a bid to encourage companies to continue to invest in the UK following the EU referendum, Chancellor George Osborne has announced plans to...

HMRC chasing £27 billion of overdue tax payments

Dan Martin - 0
Overdue payments of corporation tax, VAT and PAYE to HM Revenue & Customs (HMRC) reached £27.1 billion in the third quarter of 2025, a...

R&D tax relief claims falling by a third spark fears SMEs are being discouraged from innovation

Dan Martin - 0
Claims for research and development (R&D) tax credits by SMEs decreased by almost a third in 2023-24, official figures show.  The data from HM Revenue...

Small businesses evading tax leave HMRC billions out of pocket

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The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in...

Self-employed? What you need to know for the new tax year

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By Joanne Thorne, Technical Compliance Manager at SJD Accountancy It’s absolutely vital that the self-employed are aware of the ways in which they can be...

Making Tax Digital and the digitisation of tax in the UK

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Written by the experts at Sage If you are a self-employed individual, someone with property rental income, or registered for VAT, chances are that you...

Tracking bees boosts R&D tax credit claim

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Rock Level’s project is currently developing a radio frequency (RF) tag to track bees in flight. Zoya Malik, Managing Editor SME spoke to Neil...

How to claim your £50,000 R&D Tax Credit owed to you

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Small business are losing out not claiming for R&D Tax Credits, says Luvo Financial partner Ian Batkin The government introduced the R&D Tax Credit scheme...

Tax hike for SMEs comes in for wide criticism

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Chancellor Philip Hammond is facing growing pressure to back down on a £2 billion National Insurance hike for the self-employed, a move which would...
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