by Lisa Dickson | Jul 19, 2017 | HMRC and tax
So, you believe that you have a project that might qualify for research and development (R&D) tax relief. Is it worth your while to make a claim? What costs will qualify? HMRC’s regulation defines 4 types of qualifying R&D cost: Direct Labour Subcontract...
by Lisa Dickson | Jul 5, 2017 | Business Advice, Financing, HMRC and tax
What could happen to VAT after the UK has left the European Union? On 23 June 2016, the British public voted in one of the most important referendums of modern times. The public’s decision to leave the EU will have an impact on almost every aspect of economic life....
by Lisa Dickson | Jul 5, 2017 | HMRC and tax, Small Business Accounts
Avi is a small limited company business owner reaching his end of year and had a couple of questions on his end of year accounts. He is worried that he may be paying too much corporation tax. 1) What ways can you reduce a company’s corporate tax apart from...
by Lisa Dickson | Jul 3, 2017 | HMRC and tax, Personal Taxes
After decades of contributing to a defined contribution pension and watching it grow, there comes a point when an individual’s working life ends and their retirement begins. Your pensions & savings are likely to be the primary financial tool that you have to...
by Lisa Dickson | Jun 29, 2017 | Business Advice, HMRC and tax
A guide to the tax relief available to innovative SMEs. Research and development (R&D) tax relief for small companies provides an enhanced deduction for the costs of qualifying R&D projects. R&D tax relief for large companies is given as an expenditure...
by Lisa Dickson | Jun 9, 2017 | HMRC and tax, Personal Taxes
A guide to capital gains tax and the reliefs available for 2017/18. When you buy an item with the intention of selling it for a profit, that transaction is treated as a trade and you should pay income tax on the profit you make on the sale. When you acquire an asset...
