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This article is part of the occasional series "Future Tech Today," which offers firsthand experiences from accounting firms, finance departments, and others putting cutting-edge technologies to work today. Three years [...]

The significant time and resource loss associated with HMRC inquiries into (https://www.accountancyage.com/2021/11/02/call-to-prepare-as-hmrc-ramp-up-investigations-into-rd-tax-credits/) potentially fraudulent research and development (R&D) claims highlights the need for enhanced diligence, according to James Clark, associate [...]

Federal tax credits designed to encourage energy-efficiency measures by homeowners and home builders expired at the end of 2021 but are expected to be revived later this year--and made retroactive. [...]

In recent years, a narrative has emerged in the Australian popular media about the box office 'unpopularity' of Australian feature films and the 'failure' of the domestic screen industry. This article explores the recent history of Australian screen policy with particular reference to the '10BA' tax incentive of the 1980s; the Film Finance Corporation of Australia (FFC), a government screen agency established in 1988 to bring investment bank-style portfolio management to Australia's screen industry; and local production incentive policies pursed by Australian state governments in a chase for Hollywood's runaway production. We argue the IOBA incentive catalysed an unsustainable bubble in Australian production, while its policy successor, the FFC, fundamentally failed in its stated mission of 'commercial' screen financing (over its 20-year lifespan, the FFC invested A$1.345 billion for A$274.2 million recouped--a cumulative return of negative 80 per cent). For their part, private investors in Australian films discovered that the screen production process involved high levels of risk. Foreign-financed production also proved highly volatile, due to the vagaries of trade exposure, currency fluctuations and tax arbitrage. The result of these macro-and micro-economic factors--often structural and cross-border in nature--was that Australia's screen industry failed to develop the local investment infrastructure required to finance a sustainable, non-subsidised local sector.

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Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the treasury; there [...]

While recent and ongoing economic concerns have forced some franchisors and franchisees into a state of financial panic, there can be a brighter side to tax day. Each year as [...]

From the street, the single-family homes Ryan Burk owns look similar to others around the city of Detroit. But a comparison of heating bills would tell a different story. The [...]

Metro Buyers Group of Alpharetta, Ga., is offering first-time homebuyers in 11 states cash at closing in return for assigning $8,000 federal tax credits to the company. The American Recovery [...]

HM Revenue and Customs has decided to take a more flexible line with tax credit recipients. Not before time, writes Gary Vaux welfare rights elfare rights advisers generally promote benefit [...]

Take a look at the Adwatch table alongside this piece and spot the odd one out. Which name would you not expect to see in a list of the most-recalled [...]

Tax credit development and management of transparency in financial services is discussed.

As lawmakers ramp up the debate to replace Michigan's single-business tax, it's not just the tax itself that concerns the business community. At stake are nearly $2 billion in tax-credit [...]

Michigan needs more flexibility in its law allowing the Michigan Economic Growth Authority to grant tax credits to attract new business, Detroit Regional Chamber lobbyist Sarah Hubbard told the Detroit [...]

Misys, the global software and services group, reported a slight increase in audit fees for the year to May 31, which was offset by savings gained on tax advice for [...]

welfare rights You should be better off in work than on welfare. But it's not that easy, writes Gary Vaux Work is the best form of welfare. That is the [...]

When Labour was voted into office in 1997, one of the first phrases it coined was 'joined-up government' - the novel concept that government departments should talk to each other [...]

Parents will be able to claim tax credits to contribute towards child care provided by nannies under proposals announced this week. The government plans will also create a regulation system [...]

to a list that includes Toyota, Schwab and Nestle. we can add Tesla. California couldn't compete with the tax breaks, regulatory easing and other incentives Nevada offered and lost the [...]

Taxpayers often think of the alternative minimum tax (AMT) as a negative, add-on tax that comes right out of their pocket. Therefore, the following advice has applied: If teetering on [...]

Cincinnati, Ohio is in the brink of getting a new corporate headquarters (HQ) due to the planned sale of the 300-employee part of the breast care division of Ethicon Endo-Surgery Inc. to Devicor Medical Products Inc. The Ohio Tax Credit Authority has approved $1.5 million in tax credits for Devicor, which will invest $24 million in to the new HQ.

Corporate tax credits in the state of North Carolina have decreased by 20 percent in 2009 to $220 million. Instead of creating jobs, corporations have been requesting for tax credits from the state by stating research-and-development and manufacturing investments. Implications of alternatives such as business tax rate reductions on the state's economy are discussed.

When it comes to film, Italy's Campania has a lot going for it. Its scenic resources (such as the isle of Capri and the bays of Amalfi and Sorrento), its [...]

Some small business owners in the U.S. anticipate savings, additional employees, and salary rises due to the 35 percent tax credit for health care premiums as mandated by the health care reform legislation. Meanwhile, other small business owners are assessing the potential expenses that could result from the legislation.

Kansas Technology Enterprise Corp. (KTEC) has decided not to offer 2009 tax credits to investors as a way to save state money and receive lower budget cuts. It is proposed that KTEC will be receiving 11.1% cut in its budget to $11.08 million for the fiscal year ending June 30, 2009. Impact of the KTEC move on angel credits in Kansas startups is discussed.

The effort of actor Roger Wilson to turn Louisiana into a leading performing arts center by taking advantage of tax credits for movie business is discussed.