What is R&D Tax Relief? R&D Tax Relief is the term used to describe when companies are awarded R&D Tax Credits. “R&D” stands for “Research & Development” in R&D Tax Credits. These particular tax credits are special in the sense that they are designed to reward innovation and fuel growth. For businesses that invest in …
Continue reading “R&D Tax Relief – Is your company eligible?”
April can be a daunting time for many small-to-medium businesses, with the end of the current tax year and the start of a new one. New tax rates and thresholds have to be taken into account, and it can be difficult for businesses to prepare for all of these changes on top of making sure …
Continue reading “Tax Year 2019-2020: How To Prepare Your Business”
Every year, tens of thousands of taxpayers receive e-mails on tax refunds which appear to be from HMRC; Although at first glance they may look like the real deal, don’t fall into this trap – they are actually phishing scams sent from unofficial sources and they are designed to deceive the taxpayer into giving out …
Continue reading “Identify HMRC-related Phishing Scams in 7 Steps”
We understand that it can be tedious and sometimes challenging for a business to maintain its bookkeeping, pay taxes, and keep up to date with VAT regulations and on top of that run a successful business. So, here we’ve included a step by step guide on how to pay your business’s Corporate Tax. What is …
You have probably heard about how Making Tax Digital (MTD) is going live in April – as HMRC is quickly becoming one of the most digitally advanced tax administrations in the World, more individuals and small businesses are getting ready to submit their VAT tax returns using online software from 1 April 2019. So how …
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