For those entities already with the ATED regime, the upcoming April 2022 deadline for filing returns will not be a surprise.
With the end of the tax year approaching on 5 April now is the perfect time to review your tax planning opportunities.
HMRC have set out the new penalty regime for the late submission of tax returns and the late payment of tax for VAT periods beginning on or after 1 April 2022 and for self-assessment periods.
HMRC has been urged to consider extending the 31 January self-assessment filing deadline and/or late penalty regime in view of the current coronavirus pandemic.
The Good – The research and development (R&D) regime offers fantastic tax benefits to companies who can claim relief and carry out qualifying R&D activities