HM Revenue & Customs (HMRC) has initiated a correspondence campaign, sending letters to companies regarding their capital allowance claims, specifically the Annual Investment Allowance. These letters, while potentially raising concerns, shouldn’t necessarily spark alarm. Let’s delve into what these letters entail and how companies should respond. Understanding the Purpose […]
Monthly Archives: March 2024
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Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Here’s a response from our Tax Consultant Kerrianne Naylor Wood: “For the last few years, the pre-Budget bombast and boom has vastly […]