HMRC has this week published data showing the number of companies claiming Research and Development (R&D) tax credits and the cost to the Exchequer of providing that support.
Category: Finance
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
Investing your money in stocks? Here are 5 things you should know first
Investing your money for profits is what everybody aspires to do. You probably need the money for college, start up a business, for retirement, or you want to go for a holiday.
Is now the right time to trade the UK financial markets?
Trading financial instruments for short-term gains is successful during periods of volatility. Luckily, the world is awash with uncertainty and this presents myriad trading opportunities.
Brickflow: The UK housing market after lockdown
Not many would have predicted that a global pandemic might be just the fillip needed to kickstart the construction and development industry.
Auction or estate agent? Pros and cons when selling property
When you’re ready to sell houses or flats in your portfolio, you may be considering selling through an estate agent or at auction.
Businesses can offset coronavirus-driven losses in order to cut tax bill
Businesses suffering lower revenues due to the coronavirus crisis may be able to offset their expected losses for this year against last year’s taxable profits in order to help reduce their tax bill.
Understanding what to do with pensions whilst furloughing staff
Since the Government published details about its Coronavirus Job Retention Scheme, there have been many questions asked about what it means for pensions.
4 tips for anyone starting a new property development business
The British have an ongoing love of property with the phrase ‘an Englishman’s home is his castle’ still resonating.
How to complete your first self-assessment tax return?
Have you just got into self-employment? Or do you have a formal job and a side hustle?
R&D Tax credit claims could pay 178k UK salaries for a year
While growth in R&D tax relief claims has increased by 35% annually since inception in 2001 to over £4bn last year the scheme is yet to be fully utilised by UK business.
Tips for getting on top of self assessment tax return deadline
Whilst the 2018/19 tax year end may seem like a distant memory, the 31st January 2020 deadline for filing online Self Assessment tax returns is fast approaching.
How to reduce the business or personal tax you will pay this year
One good way to focus on tax savings this year is to ensure you have a tax plan. Unless you specifically plan to save it is very unlikely to happen.
Why Purchasing an expensive .bond domain is an indicator of a reputable institution
Reputability is everything when it comes to financial decisions and investment.
1.6 million UK businesses ‘virtually invisible to the financial system’
More than 1.6 million UK businesses can struggle to access growth funding or trade credit because there is insufficient information available about their financial track record, according to analysis from Experian.