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Browse 227 Advice about Tax

Upcoming Changes For Employment Allowance 2 Mar 2020 Bookkeeping, Employment, Tax - From 6 April 2020, access to the Employment Allowance is limited to businesses and charities with an employer NICs bill below £100,000.
4 Ways To Use R&D Tax Credits When You Already Received A Grant 28 Feb 2020 Fundraising, Tax - Many believe that if you took any kind of grant you won't qualify for R&D Tax Credits under the SME scheme. The matter is actually more complex than that.
What’s Next For Entrepreneurs’ Relief? 17 Feb 2020 Policy, Tax - There has been speculation that Entrepreneurs' Relief will be reviewed in the upcoming 11 March Budget. What will change? Will ER be scrapped or reformed?
SME R&D Tax Credits or RDEC: Which One Do You Qualify For? 17 Feb 2020 Bookkeeping, Fundraising, Tax - As you may know, there are two main R&D Tax Credit schemes. Whether the claiming company is eligible for the SME scheme or the RDEC, depends on its size. But how do we define size?
R&D Expenditure: Which Costs Qualify? 3 Feb 2020 Bookkeeping, Fundraising, Tax - There are 5 categories of R&D expenditure that are eligible for R&D Tax Credits. These include cost of staff and subcontractors, consumables and software.
Filing Form P11D: Everything You Need To Know 31 Jan 2020 Deadlines, Tax - If you paid any benefits or expenses to your employees or directors during the tax year, you are required by law to file form P11D with HMRC.
What’s The Tax Rate For A Limited Company? 18 Nov 2019 Tax - Currently, Corporation Tax rate for limited companies is 19%. That has to be paid on total business profits (excluding allowable business expenses).
Tax Relief On Business-Related Loans 4 Nov 2019 Bookkeeping, Fundraising, Tax - If you take out a loan for business purposes, chances are you can benefit from tax reliefs on the interest. Special rules apply if you are using cash basis.
Company Expenses Policy: All The Pro Tips 16 Sep 2019 Bookkeeping, Tax - Establishing a clear expenses policy will help you manage claims in a more efficient manner, giving you a clearer and more predictable overview of costs.
IR35 Rules Are Changing: Here’s How To Prepare 2 Sep 2019 Employment, Tax - Starting in April 2020, some private businesses will be required to operate under the same rules as public sector companies for what concern IR35 regulations.
What is the Video Games Tax Relief (VGTR) 19 Aug 2019 Tax - In order to be eligible for VGTR, the applying company must be responsible for most of the planning, designing, developing, testing and production of a game
The Timing Of Your Dividend Payment Could Help You Save Tax 5 Aug 2019 Investment, Tax - Timing the date of a dividend payment from a company can determine both the amount and the due date of the tax payable. This may be a particularly useful strategy in a close- or family-owned company.