News & Views
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YesTax Marks £386,000 in Charitable Donations and Upholds 2.5% Turnover Pledge
At YesTax, doing good is more than a slogan. Since our creation, we’ve believed that business success and social responsibility should go hand in hand.
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Is your Patent Box in good order?
It has become apparent over the last few weeks that HMRC are starting to look at Patent Box tax relief claims in more detail than they have historically. Hundreds of companies have recently received a letter, which is effectively a prompt to send more detailed information regarding the way that the relief has been calculated, including any rationale for assumptions and allocations used.
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Latest HMRC Statistics Indicate a Marked Decrease in SME R&D Tax Relief Claims
HMRC has recently published the latest statistics on Research and Development (R&D) tax relief claims for the 2023–24 tax year, providing the first full picture of how recent reforms have affected businesses.
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Making a difference – one day at a time!
In August 2025, YesTax contributed £1,600 to Happy Days towards two respite breaks for two separate families. Read more about the charity and its wonderful work here.
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Banging the drum - time is running out for March year-end R&D claimants!
Most corporation tax reliefs and claims have a two year time limit to make a claim, but recent R&D tax relief reforms give some companies a lot less time to make a claim. With March year-ends being extremely common, 30 September is an important deadline for many companies. Don't miss out!
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Deadline Alert: R&D Pre Notification for March Year Ends
If your company has a March 2025 year-end, time is ticking. HMRC requires certain businesses to pre-notify their intention to make an R&D claim. If you miss the deadline, your claim is automatically invalid.
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Big Tax Relief for dealing with asbestos or other hazards
Whether you’re a developer or company investing in your property, there is tax relief available for dealing with hazardous land or buildings.
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Is HMRC’s Enquiry into your Tax Return Valid?
In recent years, HMRC has ramped up its compliance efforts in a bid to close the UK’s widening tax gap, which is currently estimated at over £30 billion annually. As part of this drive, taxpayers and advisers are seeing a surge in enquiries into submitted returns. The Spending Review 2025 allocated £1.7 billion over four years to fund the recruitment of 5,500 compliance officers and 2,400 debt management staff, alongside £500 million earmarked for digital transformation to help close the tax gap by an additional £7.5 billion annually by 2029/30. In simple terms, this means a marked increase in HMRC enquiries.