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Connect Newsletter - December 2023

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HMRC paves the way for ‘grey fleet’ NIC refunds after confirming it will NOT appeal the Upper Tribunal ruling in the Wilmott Dixon and Laing O’Rourke case
 
HMRC targets Property Business incorporations
 
Cash Basis changes from April 2024 - Removal of £150k cash basis turnover threshold and cash basis to be the default basis