Tax update – Autumn 2022

Tax update – Autumn 2022

Last week saw the current Chancellor, Jeremy Hunt, deliver the much-awaited Autumn Statement. There had been significant speculation around the tax rises and spending cuts that this statement would potentially bring, and it is fair to say that there were few surprises...
Extended Loss Carry Back for Business

Extended Loss Carry Back for Business

The Extended Loss Carry Back measure announced at Budget enables companies to make claims to carry back losses for a further two years than current rules allow. This temporary extension applies for losses arising in accounting periods ending between 1 April 2020 and...