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.
Government Watchdog Highlights BBC’s Off-payroll Problems
The National Audit Office (NAO) has recently issued a report entitled ‘Investigation into the BBC’s engagement with personal service companies’, which looks at off-payroll working at the BBC.
Are you getting ready for 1 April 2019?
There are two major changes to the VAT system on the way – both around April fools day
Beware the potential tax pitfalls of the office Christmas party
At this time of year we remind employers that the cost of parties and staff functions are not taxed on employees as a “benefit” if the amount is less than £150 per attendee. In most cases it is clear whether or not the cost is within, or over those limits. The limit is a cliff-edge; if the cost is £151 each, the full amount is taxable.