Archive for January 18th, 2013

Research VAT exemption set for withdrawal

This item was filled under Tax

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

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HMRC stem abuse of medical R&D tax rules

This item was filled under Tax

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

This item was filled under Housing

Redevelopment of 48 Leicester Square will see building get all new core and floorplates

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Bovis margin grows to 13.5%

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Firm hails investment in strategic land

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