The news today that the Consumer Price Index (CPI) has fallen to 0.3% is hoped to bring a higher level of disposable income to consumers feeling the pinch. But, according to top 20 accountancy firm, Wilkins Kennedy LLP, consumer behaviour could remain unaffected – and independent retailers face losing out.
Last day to pay any balance of 2013/14 tax and Class 4 NICs to avoid an automatic 5% late payment penalty.
End of CT61 quarterly period.
Filing date for Company Tax Return Form CT600 for the period ended 31 March 2014.
Q. I have heard of Research and Development (R&D) tax relief as being an excellent tax saving for many small and medium sized businesses. But I don’t work in a scientific field, so how could this benefit me?
It is a common misconception that R&D tax relief is only available for those who work specifically in a scientific or technological field. However, in actual fact, qualifying R&D expenditure is incurred across a number of industries and many companies are missing out on this extremely valuable relief. - See more