Many business owners are either unaware of the potential benefits of R&D tax relief, mistakenly think it is difficult to qualify for, underestimate the potential benefits or simply do not think the scheme will apply to their business.
Latest News & Events
Bankruptcies spike across the UK’s steel towns – long term impact of Tata Steel crisis
The Top three worst areas (out of 174) in the UK for increasing rates of personal insolvencies* over the last five years were all steel towns which saw serious job losses from the Tata steel crisis.
Average value of daily trading of AIM shares surges 41% in 2017/18
Companies listed on the Alternative Investment Market (AIM) have seen the average value of the daily trading of their shares rise by 41% over the last twelve months to £327,580 in 2017/18 from £232,140 in 2016/17, our research shows.
UHY Hacker Young East acquires The Young Company to grow Cambridgeshire presence
UHY Hacker Young East, part of the UHY Hacker Young national group, has acquired the Huntingdon based accountancy firm, The Young Company, to grow its presence in Cambridgeshire.
The 2018 Spring Statement: Our summary
We have produced a summary concentrating on the tax consultations that were announced either at Spring Statement or in recent weeks. We are also taking this opportunity to remind you of tax changes which take effect for 2018/19.
Tax card 2018/19
For a run down of the latest tax rates for 2018/19, download our handy tax card. If you would like a hard copy version sent to you, please contact us at email@example.com.
Research and development tax relief
Research and development tax relief is an incentive from the government to encourage companies to invest in research and development activities. There is a common misconception that these incentives are aimed only at the technology sector, however, that is certainly not the case. This document outlines how research and development tax relief is more widely available than most companies realise.