Category: All News

Taxpayer Protection Taskforce to tackle Covid-19 fraud

A recent report by the public accounts committee estimates that the level of fraud and error across all Covid-19 support schemes could be as high as £20 billion. However, don’t assume mistakes and errors will not be picked up – […]

Scope of R&D Tax Credit Scheme extended

We are pleased to hear that the scope of the R&D Tax credit scheme is being extended, while at the same time HMRC is taking positive steps to tighten up the claims process. R&D Tax credits Scheme were highlighted in the […]

Spring Statement – March 2022

The Spring Statement was not meant to be a March mini-Budget, despite what many headlines in the days before suggested. Mr Sunak believes in the once-a-year approach to major tax and spending changes, unlike some of his predecessors. However, in […]

We are recruiting for a graduate accountant

Join our growing team As a graduate accountant you will be supporting the Management Accounting department and the R&D Tax Credit department. You will learn essential business and professional skills in a fast-paced environment.  A full induction and training programme […]

We are exhibiting at MACH 2022

As the world is opening up and live events are going ahead we’re thrilled to announce we are heading to Birmingham NEC, in April, to exhibit at MACH 2022. MACH 2022 is the UK’s biggest event for inspiring, innovating, and […]

ammu is proud to partner with BWS

Ammu is thrilled to announce we are partnering with Business Women Scotland – a membership platform providing business advice to women.   BWS is one of the largest membership networks to provide expert advice to women. BWS was founded by […]

Business rates loophole on second homes closing

Owners of holiday lets and second homes in England have been able to avoid council tax by registering their properties as businesses. However, from April 2023, small business rates relief will only be available if a property is let out […]

The patchwork effect of rising inflation

2021 ended with inflation sitting at 5.4%, but it may not have felt like that to you.  Source: Office for National Statistics. You may have caught the food campaigner Jack Monroe on TV and radio interviews recently highlighting how the […]

what is a ‘reasonable excuse’ for tax penalties?

Having a reasonable excuse can be a get-out-of-jail-free card if you are charged a tax penalty. However, there is no statutory definition of the term, and what might constitute a reasonable excuse for one person may not for another. With […]

Boost your business with the Help to Grow: Digital scheme

The government’s recently launched Help to Grow: Digital scheme has two aspects: impartial advice and guidance about how digital technology can boost a business’s performance, plus a potential discount worth up to £5,000 towards the cost of buying approved software. […]

Overcoming uncertainty

Overcoming uncertainty

R&D tax relief can only be claimed by companies that have incurred expenditure on qualifying R&D. Projects should address an area of scientific or technological uncertainty and be innovative.

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