Parminder is a CTA qualified Corporate Tax Specialist with significant experience in EIS, EMI, Group Re-organisations, Capital Allowances, Corporation Tax and HMRC Disputes and Investigations.
A key area of Parminder’s expertise is in Research & Development Tax Credits, leading the R&D department at Jeffreys Henry LLP. Since joining the Firm in 2015, he has been working closely with both SMEs and large businesses to analyse and maximise their Research and Development claims. He has so far secured over £100 million in R&D tax relief and credits for our clients.
8 June 2022
With limited exceptions, all existing UK trusts will be required to register with the Trust Registration Service (TRS) by 1 September 2022, irrespective of whether they […]
10 May 2022
Used correctly, finance and accounting tools for Small and Medium Enterprises (SMEs) can help cut down on unnecessary administration and provide real-time financial data. This can […]
3 May 2022
The term 'non-dom' has been under the spotlight in recent news. ‘Non-dom’ or ‘non-domiciled’ generally refers to residents of the UK whose permanent home is outside […]
29 April 2022
Jeffreys Henry’s tax investigation service is an annual policy that covers our professional fees in the event of an HMRC compliance check, inquiry, investigation, or dispute.
28 March 2022
From April 2022, the rates of National Insurance Contributions (NICs) are set to increase by 1.25 percentage points. The increase in NICs was legislated as a […]
16 March 2022
Our guide offers advice on the principal opportunities you should consider and forms the basis of a good financial plan to complete the tax year. With ideas affecting income and investment, for couples, company directors and employees, and self-employed people.
31 January 2022
HMRC has released its review of R&D tax relief (also known as R&D tax credit), alongside details that confirm extra measures that will be put in place to end the abuse of R&D tax relief. Recent data suggests a loss of over £300 million due to fraud and error in R&D claims. In such cases, companies had claimed cash through the payable tax credit, despite having no R&D activity. Moreover, HMRC have also identified structures that had been set up with the intention to claim the payable tax credit, despite there being little employment or activity in the UK.
14 January 2022
️HMRC have announced that they will not be charging late filing penalties for 2020/21 self-assessment tax returns, provided it is submitted by 28 February 2022.
11 January 2022
In the Autumn 2021 budget, Chancellor Rishi Sunak announced significant changes to R&D tax relief. From April 2023, the qualifying expenditure categories will be widened to […]
11 November 2021
Earlier this year, HMRC issued a statement, warning individuals that they will soon be issuing ‘nudge letters’ which are specifically targeting cryptocurrency investors. A copy of […]