The Group did not claim a tax credit during the period from HMRC in respect of its R&D claim (2023: tax credit of £0.5 million) and has instead elected to carry forward taxable losses. The Group has brought forward unused tax losses of £3.9 million (2023: £7.0 million) and is ...
On 20 June 2023, the Board obtained Court approval to cancel the Company's share premium reserve and capital redemption reserve. Subject to HMRC's Return of Capital rules, this will enable additional distributable reserves to be available for dividends and will help the Company to meet its divid...
statement Annual report on remuneration 2017 Remuneration policy summary 96 98 120 96 GSK Annual Report 2018 Remuneration report Chairman's annual statement Dear Shareholder On behalf of the Remuneration Committee (the Committee), I am pleased to present to you our Remuneration report for 2018....
Where an Executive Director is based outside the UK, but is required to travel to the UK to fulfil the responsibilities of their role and to attend Board Meetings, they may be subject to tax on their business travel expenses to and from the UK and on the provision of any accommodation ...
These four worked for the library service, DWP, HMRC and the NHS. These are all organisations that, even with the best possible adoption of e-business practices, will have to retain some face-to-face/telephone/postal service: to issue books, to interview claimants, to investigate tax ...
Because of its charitable status, provided a member pays sufficient income tax or CGT in a year and gives a Gift Aid declaration, the Association is able to reclaim money from HMRC for the subscription each member pays. There are no costs or penalties for either the member or the NSRA; ...
Profit after tax 1,891 1,433 4,144 Adjustments for: (Increase)/decrease in debtors (1,001) 176 598 (Decrease)/increase in creditors (2,973) 1,918 2,790 Gain on disposal of fixed assets - (6) (4,872) Gain on revaluation of fixed asset investments (3,306) (1,849) (1,641) ...
The investment policy is designed to ensure that the Company continues to qualify and is approved as a VCT by HMRC. In order to maintain its status under Venture Capital Trust legislation, a VCT must comply on a continuing basis with the provisions of Section 274 of the Income Tax Act 2007...
The European Union's Carbon Border Adjustment Mechanism, which aims to introduce a tax on carbon- intensive imports, entered its transitional phase. The impact of global reporting standards may offer opportunities to companies able to benefit from that trend, while presenting a risk to those unwilli...
The Board will consider whether to raise new funds in the 2024/25 tax year. This will be determined by the Company's cashflow and its anticipated requirements to fund new and follow-on investments over the next two to three years. The Board appreciates that shareholders would like plenty of...