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Corporation Tax
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INSIGHTS
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We believe that information about how businesses can operate smoothly and efficiently as they can, should be available to everyone – our insights are here to help you succeed.
Tools & resourcesLATEST INSIGHTS
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Software R&D Claims: Why HMRC Is Cracking Down and What It Means for Your Business
In recent years, Research and Development (R&D) tax relief has become a valuable incentive for innovative UK businesses—particularly those in the software and technology sectors. However, HMRC has significantly changed its approach to reviewing claims, and software companies are now facing tougher scrutiny than ever before. If your business is writing code, developing systems, or…
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Everything You Need to Know About Filing UK Self-Assessment Tax Returns
Filing a Self-Assessment Tax Return can feel daunting, but it doesn’t have to be! Whether you’re a sole trader, landlord, freelancer, or company director, ensuring your tax return is filed correctly and on time is crucial to avoiding penalties and maximising tax savings. At Black & White Accounting, we help you navigate the process smoothly,…
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Christmas Crackers: Toy or Party Product? The VAT Classification That Sparked a Festive Debate
At first glance, a Christmas cracker may seem like nothing more than a light-hearted festive novelty—containing a paper hat, a joke, and a small toy. But behind this seasonal tradition lies a much more serious issue for manufacturers and retailers: VAT classification. The question at the heart of a now well-known VAT debate was this:…
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