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How will the upcoming changes to R&D claims affect my small business?

How will the upcoming changes to R&D claims affect my small business?

by Georgi Rollings | 25th May 2023 | Corporation tax, Start ups

R&D (Research and Development) tax credits have been a fantastic boost when it comes to SMEs being able to invest in research that betters their business. The tax credits have provided a generous allowance that’s opened the door for more small businesses to get...
The end of the super-deduction

The end of the super-deduction

by Juliet Wylie | 21st March 2023 | Accounting, Corporation tax, Limited company

Did you know that the 130% capital allowances super-deduction comes to an end in March 2023? The government has been generous since the Covid pandemic and has given limited companies the chance to claim a larger than normal capital allowance when purchasing new...
Mini Budget – what you need to know

Mini Budget – what you need to know

by Georgi Rollings | 23rd September 2022 | Corporation tax, Self assessment

Happy Friday – today’s mini budget from Kwasi Kwarteng is the biggest tax cutting bonanza since 1972.  Being born slightly later than that, it is officially the biggest set of tax cuts in my lifetime.  Goodness only knows how the country is going to afford...
Save Money with the Cycle to Work Scheme

Save Money with the Cycle to Work Scheme

by Juliet Wylie | 2nd August 2022 | Being an employer, Limited company, Sustainability

Times are hard.  We all feel that we are getting less for our hard-earned cash. Fuel costs are at record levels and inflation is expected to hit 11% in the autumn.  And on top this we are all braced for October when the energy price cap increases again.  Money is...
Business year end planning

Business year end planning

by Juliet Wylie | 11th March 2022 | Business Planning, Corporation tax, Limited company, Self assessment, Sole trader, Tips and Tricks

So, you filed your tax return in time and are feeling pretty smug!  Nearly a whole year until you need to think about your finances!  Think again.  Whether you are a sole trader or a director of a limited company there are a few things that you should be thinking...
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