Specialist Tax Regulatory Materials
Details of updates to HMRC import, export and customs guidance for the period from 23 September 2024 to 30 September 2024.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Research and development expenditure credit (RDEC)This guidance note provides information on how research and development expenditure credits (RDEC) are calculated and utilised. The Qualifying expenditure for R&D tax relief guidance note provides information on what expenditure qualifies for
Tax implications of administration and liquidationThis guidance considers the tax implications of a company going into administration or liquidation.Introduction to company administration and liquidationCompany going into administrationA company which is in financial difficulty may go into
Payroll record keepingUnder SI 2003/2682, reg 97, 鈥�...an employer must keep, for not less than 3 years after the end of the tax year to which they relate, all PAYE records which are not required to be sent to [HMRC]...鈥�. Reasons for keeping the records include:鈥eing able to calculate tax and
