The UK government understands that supporting innovation is crucial to making the UK more competitive globally. Therefore, companies taxable in the UK that are undertaking R&D work can access a cash flow advantage by making a claim for enhanced tax relief through their tax return.
The Scottish Government has announced a new support measure for private landlords - The PRS Landlord (non-business) COVID-19 Loan.
With the many measures adopted during the ongoing COVID-19 crisis, HM Revenue and Customs (HMRC) has been supportive of businesses in the current difficult climate. However, this more helpful approach is different from the normal face HMRC presents to taxpayers.