Business Tax

HMRC extends MTD for VAT pilot

Pilot scheme now open to companies and sole traders.

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Directors call for SME productivity allowance

Allowance proposed to incentivise investment in technology.

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85% SMEs achieve funding boost

Uncertainty ‘holds SMEs back’ more than access to finance.

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Businesses claim £3.7bn in R&D relief

Innovative companies could still claim more.

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HMRC launches MTD awareness campaign

Simplified guidance published to help businesses prepare.

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Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

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Exports rise to record high of £621bn

Growth in exports leads to narrower trade deficit.

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HMRC confirms ‘soft landing’ for MTD

Digital linking requirements will be eased for 2019/20.

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OBR sparks tax hike speculation

Increasing taxes ‘will partially pay for NHS pledge’.

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