2024 Summer Update: UK Tax

This course will enable you to

• Digest the Q2 HMRC publications and news
• Calculate R&D tax credits under the new R&D relief scheme
• Discuss VAT registration and deregistration
• Understand when full expensing for companies can be claimed
• Plan ahead for changes to the furnished holiday let tax regime
• Outline the detail of new and amended tax legislation
• Examine the decisions in some recent employment, business, personal and VAT tax cases

About the course

Each quarter we bring you the very latest, detailed updates on tax. The course dives into the detailed changes that have taken place in April, May and June 2024.

This course covers the latest HMRC publications, announcements and consultations as well as new and amended tax legislation. It explores in detail changes to VAT registration and deregistration, claiming full expensing and the 50% first year allowance for qualifying plant or machinery, and the likely impacts of the abolition of the furnished holiday let status for tax from April 2025.

The course also takes a close look at the new R&D merged scheme that has replaced the old SME R&D relief scheme and the RDEC for large companies, for accounting periods beginning on or after 1 April 2024, as well as the accompanying enhanced R&D-intensive scheme (ERIS).