R&D Tax Credits claims soar

R&D Tax Credits claims soar

On 27 September, HMRC released the statistics for Research and Development (R&D) tax credit for 2000-01 to 2016-17. They are based on returns received on or before 30 June 2018. The statistics show that the total amount of R&D support claimed by businesses...
Do capital gains affect tax credit claims?

Do capital gains affect tax credit claims?

There are special income eligibility rules for making tax credit claims. The amount and type of income you (and your partner for a joint claim) have will affect how much tax credits you might get. There is a common misconception that the only figure that needs to be...
Renewing tax credit claims

Renewing tax credit claims

Families and individuals that receive tax credits should ensure that they renew their tax credit claims by 31 July 2018. Claimants who do not renew on-time may have their payments stopped. HMRC has started to send tax credits renewal packs to tax credit claimants and...