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If your tax payment, due on 31 January, is more than you expected there is still time to reduce the liability if you are prepared to take a risk. An…

Many businesses may have been too short of cash to take advantage of the new super-deduction for investing in new plant in 2021 but may be more confident about investing…

Second-hand plant and machinery does not qualify for the 130% super-deduction but would still qualify for the 100% Annual Investment Allowance (AIA). The amount of expenditure qualifying for 100% tax…

In the Spring 2021 budget, the Chancellor announced that there would be eight “Freeports” in England with generous tax breaks to encourage businesses to set up and invest in those…

Did you know that every Christmas, the MMG office turns into Santa’s grotto? We are proud of our Dundonian roots, and we care about the community in which we live…

What is the Metaverse and what do businesses need to know about it? With the recent rebrand of Facebook’s parent company to Meta, many are asking questions about the Metaverse…

The latest version of the CT600 Corporation Tax Return requires companies to report CJRS furlough payments received and the amounts that the company was entitled to during the period. Where…

Remember that certain gifts to staff at Christmas are also tax-free if structured correctly. Employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax-free.…