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Industry Insights
The latest news and updates within the tax sector from our team of tax specialists.
Rishi Sunak’s Budget announcement – SDLT & housing impacts
Chancellor Rishi Sunak announced this month that SDLT thresholds will not return to their pre-covid levels until after October.
Employee Health & Wellbeing: The True Value of Our Run Club
At Innovation 4 Business, we believe that the physical and mental health of our entire team is paramoun. After all, a healthy body and healthy mind means happy staff, which will lead to happy clients!
Research and Development Relief: Client Receives £235,000!
Research and Development (R&D) relief supports companies that work on innovative projects in science and technology. Introduced in 2000, the relief comes in the form of a tax credit.
SDLT Overpayment: Developer Receives Stamp Duty Refund of £26,000
Every year, many people across the country overpay on their Stamp Duty Land Tax (SDLT).
Often, HMRC’s calculator is the main tool used to calculate SDLT rates.
Industry calls for six-month extension to SDLT holiday
Estate agents, developers, surveyors and solicitors are asking the government to extend the current stamp duty holiday by a further six months, as homebuyers face a race against time to complete their house moves.
Research & Development Claim Statistics 2020: What Trends Are Emerging?
In September, HMRC released the Research & Development (R&D) tax credit statistics, providing an opportunity to analyse the current use and state of the scheme.
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