Increase in R&D tax relief. The rate of the R&D expenditure credit is being increased from 11% to 12%, in order to support business investment in R&D. This is the relief available to
EIS tax relief increased for investment in tech businesses. The Government will double the amount that an individual may invest under the EIS in a tax year to £2 million from the current
The Chancellor reminded us that the government are committed to increasing the personal allowance to £12,500 in 2020 and the higher rate tax threshold to £50,000. However, the personal allowance for
Payroll Taxes and Pensions This post is just one part of a 12-part guide to setting up a new business. Download the full business set-up guide to discover everything you need to know
Value Added Tax This post is just one part of a 12-part guide to setting up a new business. Download the full business set-up guide to discover everything you need to know about
Diary of main tax events - November / December 2017 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months including key deadlines
The government are gradually phasing out the self-assessment tax return and replacing it with an individual tax account pre-populated with data supplied by employers, pension companies and State Pension figures from
A furnished holiday letting business is treated as a trade for most tax purposes. For example, capital allowances are available on furniture, and CGT entrepreneurs' relief is available on disposal of the
With tax planning and PAYE avoidance schemes, as with many things in life, what looks too good to be true generally turns out to be so. This seems to be true for
Pension auto-enrolment has been on the cards since it was first announced for workplace pensions back in 2014. Auto-enrolment of staff in workplace pension schemes now applies to even the smallest of
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