During the 2020-21 financial year, 47% of investigations by the Treasury resulted in no money being retrieved, rising from 31% the previous year. HMRC investigations resulting in no…

As the UK continues to deal with rising living costs, ensuring the payroll function in your business is accurate, efficient and secure has never been more important. The…

Magma Corporate Finance are pleased to have advised Mersey Industries on their acquisition of Derby-based MCE Engineering, a leading fabrication and precision machining business. Off the back of…

We’ve previously discussed the tax perks for electric vehicles (EVs) more generally here, but what about installing EV charging points at your business premises? Installation costs Your business…

Whether stemming from self-employed individuals or partnerships, we’re seeing an increased appetite from business owners to move their operations to a corporate model. What are the benefits? Whilst…

Owners of second homes incorrectly claiming their properties are holiday lets to qualify for tax breaks will be forced to pay council tax rather than business rates under…

Looking to invest in your business in 2022? Considerable tax savings can be obtained for commercial property expenditure by maximising capital allowances claims. Can I claim? All companies…

It is important to remember that COVID-19 support grants or payments are taxable and should be declared on your company tax returns. The deadline for filing company tax…

Payroll Giving offers your employees the choice to donate money to a UK charity without paying tax on it. How does it work? The Payroll Giving scheme, set…