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.
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
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.
Over 80% of self-employed are not claiming a simple tax allowance
With less than 60 days to go for submitting a self assessment tax return, many self-employed people in the UK are not taking advantage of an allowance that could help them pay less tax.
Cashflow: Debunking the biggest myths about the silent killer
It’s dubbed the silent killer – and this is enough for some businesses to really start to worry. In short, cashflow problems are a serious issue and are one of the main reasons why so many companies struggle.
Buying shares vs. Trading CFDs: what is the difference?
When it comes to buying shares, you are either an investor or a speculator. An investor holds a piece of stock for the long term while a speculator capitalises on short term volatility.
New to trading? How to avoid rookie errors
Financial markets trading is growing in popularity in all corners of the globe in recent years and it is likely you will know someone who has embarked upon their journey.
How you can reap the financial rewards from tax relief on your patents
SMEs are potentially missing out on a golden opportunity to financially benefit from their intellectual property.
What do you need to know about tax evasion legislation?
A year on from the introduction of tax evasion laws Martin Griffiths, partner in the Tax & Structuring team at Addleshaw Goddard, warns a lack of awareness could be putting businesses at risk.
Getting a mortgage with bad credit – is it possible?
Buying a home in today’s market can seem particularly hopeless for people with poor credit scores
How businesses & sole traders can claim tax relief on loss making businesses
With the Self Assessment deadline less than a month away, a lifeline has been handed to struggling businesses and sole traders who are yet to complete their tax returns.
Government scheme funds businesses within hours
Government’s Bank Referral Scheme proved its value this week as three small businesses secured finance within hours through Alternative Business Funding (ABF) platform and iwoca.
Financial New Year’s Resolutions for small business owners
The first thing on any business’ New Year’s to do list is getting their finances organised for the upcoming year.
