Aug 31, 2022 | Business Regulation
HMRC has addressed the delay in R&D tax credit processing times and paused payments in a message to the Chartered Institute of Taxation (CIOT). HMRC stated that since April, it has faced an increase in fraud within the R&D tax credit relief system and paused...
Aug 24, 2022 | Business Regulation
Companies House is launching a single sign-on service to make it more accessible for its users. The WebFiling account will help users with extra security features and is the first move towards Companies House creating a single sign-in across all its services. A launch...
Aug 11, 2022 | Business Regulation
The Business Banking Resolution Service (BBRS) has urged SMEs with historical banking disputes to register before 14 February 2023, when the scheme closes to new applicants. Small to medium-sized businesses have the next six months to register with the independent...
Jun 21, 2022 | Business Regulation
HMRC is increasing compliance checks on R&D tax relief claims due to the number of people abusing the system. The additional checks will mean the processing time for claims will go up, following a decision by HMRC to delay payments in response to an increase in...
May 12, 2022 | Business Regulation
The Government has announced measures to strengthen the powers of Companies House to tackle abuse of limited companies as part of the Economic Crime Bill. Announced as part of the Queen's Speech on Wednesday (10 May), the bill takes aim at economic crime in the UK...