News & Views

  • Time Machine Capital 2 Testimonial

    "I've worked with numerous advisory firms focused on R&D tax credits and various government incentives, but Yes, Tax stands out as the pinnacle of professionalism."

  • Advanced Notification Rule

    Eligible to claim R&D tax credits but never claimed before (or at least not in the last three years), the new rules will affect you. In a bid to prevent last minute speculative R&D claims being made, HMRC have introduced the Advance Notification requirement for accounting periods beginning on or After 1 April 2023.

  • Budget 2024 – Capital Allowances & Creative Reliefs

    The budget giveth and the budget taketh away. The spring budget expanded the application of the Full Expensing relief, abolished the Furnished Holiday Letting rules and extended reliefs available to the Creative Industries, amongst other measures affecting businesses and individuals alike.

  • Super Deduction and Full Expensing help Peak Pharmacy with their bold expansion plans

    YesTax recently had the privilege of assisting Peak Pharmacy with the capital allowances analysis on their new high-tech distribution centre in Chesterfield. The expansive development had an impressive scope and cutting-edge automation technology.

  • Nepali Children Quarterly Report Oct-Dec 2023

    In November we heard about the tragic story of Pinky, a young teenager who sought refuge at the Nepali Antardristi safe house. Pinky’s strength and resilience is so admirable. On hearing of her ordeals, the Yes Tax Guiding Light Foundation covered the expenses for Pinky’s surgery where a large tumour was removed.

  • National Audit Office Issues Damning Report on R&D Tax Relief

    At the end of January, the National Audit Office (NAO) released its Tax Measures to Encourage Economic Growth report, commenting on the cost and effectiveness of tax reliefs intended to promote economic growth.

  • The Patent Box: no-ones talking about it!

    Working in the R&D tax credits sector we constantly see impressive developments driving forwards the baseline of science and technology, and along with it the creation of a client’s valuable intellectual property (IP). Consequently, we’re often discussing if a client has protected, or should protect, their IP.

  • Business for Good – a Look Back at 2023

    Whilst on a business level uncertainty still remains, throughout last year, and into 2024, YesTax’s focus on sustaining its ‘Business for Good’ philosophy continues to be placed high on our agenda. In 2023, YesTax was proud to have made the following contributions to vulnerable children...