Granting EMI Options over Growth Shares 30 May 2019 Employment, Strategy - EMI Options are often compared to Growth Shares, but the two are not mutually exclusive: under certain circumstances, it is possible to grant Options over Growth Shares under an EMI Scheme, gaining the advantages of both.
Knowledge Intensive Companies: do you qualify? 30 May 2019 Fundraising - A lot of innovative start-ups qualify as Knowledge Intensive Companies, but they might not even realise it, as the requirements are looser than you might think.
How to sell SaaS to GOV – Meet the G-Cloud 29 May 2019 Strategy, Tech - Applying to the G-Cloud and, in so doing, starting to market your SaaS business to the public sector could not only open up a new revenue stream for you, but also legitimate your business as trustworthy and reputable.
PAYE Settlement Agreements: The Basics 13 May 2019 Employment, Tax - To set up a new PSA, it is necessary to write to HMRC setting out the benefits and expenses to be included within the PSA. Once HMRC have agreed the PSA, they will send two draft copies of form P626.
Trivial Benefits – How to provide small Tax-Free Gifts to your Employees 9 May 2019 Employment, Tax - Since 6 April 2016 employers can provide trivial benefits such as small gifts and entertainment without having to include these within PAYE settlement agreements or disclose on P11D forms.
Fundraising: 6 Tips from David Battey 15 Apr 2019 Fundraising, Strategy - David Battey from Lumaca Capital gives his six key pieces of advice for small businesses trying to raise finance, originally published on his blog.
Practicalities of forming a partnership 15 Apr 2019 Policy, Strategy - Although there are no legal formalities involved in establishing a partnership, which may come into existence under an oral agreement, it's a good idea to have a formal partnership deed drawn up.
Claiming R&D Credits: the caveats 29 Mar 2019 Fundraising, Tax, Tech - R&D Tax Credits are designed to be even more favourable for loss-making companies, as the qualifying expense needs to be enhanced before calculating profit or loss for R&D Credits purposes.
Trading whilst insolvent, what are the consequences? 29 Mar 2019 Bookkeeping, Tax - In order to try and avoid personal liability when trading whilst insolvent, it is vital that directors seek professional advice as soon as possible, and initiate preventative measures in order to protect themselves.
Directors’ NICs – the correct way to pay 29 Mar 2019 Tax - Company directors often have greater scope to influence the time and amount of payments they receive as earnings. They have the possibility to avoid primary Class 1 contribution liability by astute use of the earnings period rules.
Employees – claim a tax deduction for expenses 20 Mar 2019 Employment, Tax - Employees may be able to obtain a tax relief on expenses that are not covered by their employer, when these are incurred "wholly, exclusively and necessarily in the performance of the duties of the employment."
SaaS Exit Revenue Multiples for 2018 12 Mar 2019 Exit, Tech - M&A deals involving SaaS reached 989 in 2018, up 19% from 2017. The median twelve-month revenue multiple was 4.3x, varying significantly between categories.