Super deduction, can your business claim?

Super deduction, can your business claim?

Qualifying for a super deduction, which is a temporary allowance you do not want to miss, can be an option if your business has spent money on plant and machinery and it is subject to corporation tax. Qualifying purchases will need to have been made between April 1,...
Extended carry-back for losses

Extended carry-back for losses

To help businesses which have suffered losses as a result of the COVID-19 pandemic, the period for which certain trading losses can be carried back is extended from one year to three years. The extended carry-back period applies for both income tax and corporation tax...