Archive for January 18th, 2013

Research VAT exemption set for withdrawal

Posted by on 18 January, 2013
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The VAT exemption for research is to axed because it does not comply with EU legislation.
The government plans to withdraw the exemption from 1 August 2013, after which date supplies of research between eligible bodies that are currently exempt will be…

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Expenses allowed

Posted by on 18 January, 2013
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HMRC stem abuse of medical R&D tax rules

Posted by on 18 January, 2013
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HMRC have won a legal battle to shut down an avoidance scheme that abused tax rules designed to aid medical research. The victory has protected almost £80m, said the department.
The arrangement was promoted by Matrix Securities Ltd and operated t…

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Make’s Leicester Square makeover bags planning

Posted by on 18 January, 2013
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Redevelopment of 48 Leicester Square will see building get all new core and floorplates

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Bovis margin grows to 13.5%

Posted by on 18 January, 2013
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Firm hails investment in strategic land

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