UHY Ross Brooke Chartered Accountants
The latest Finance Act includes two changes that will affect all R&D claims: When a limited company intends to make a claim for research and development (R&D) tax relief, from 8 August 2023 onwards it will need to provide detailed information to HMRC in advance. We can assist you in
R&D tax credit reliefs are intended to be aimed at those businesses in innovative industries extending knowledge or capability in a particular field of science or technology or creating an advanced process, material, device, product or service. However, over the years we have witnessed more and more unregulated firms entering
Then ask us about our comprehensive guide to the financial, tax and accounting considerations of starting a business, “The New Business Kit” which we offer free to start-ups or those who have recently made the jump into business ownership. The guide helps start-ups think about: Selecting a legal entity; Registering
SEIS and EIS are very similar schemes intended to encourage investment in high-risk, small, unquoted companies which have objectives to grow and develop their trade. There are no particular tax reliefs for companies but the schemes provide good tax incentives for investors. There are certain conditions that companies must meet
Landlords in the Private Rental Sector (PRS) appear to be reconsidering how they own their property. We are seeing more landlords enquiring about incorporating their property portfolios. Why? It’s simple. They’re looking for ways to improve their profitability and one way is to reduce the tax they pay. Whether it’s
Failure of private landlords to issue the government’s latest version of the ‘How to Rent’ document to tenants at the start of their tenancy, or on renewal (if the document has changed), means landlords could lose the right to repossess their property under Section 21. There will be a new
Increasing numbers of people will be aware of cryptoassets, but do you know the difference between a coin and a token? A cryptocurrency can be either a coin or a token. A crypto coin is a standalone currency that operates independently of other platforms, with its own blockchain and infrastructure.
The decision of whether to form a partnership or a limited company depends on your specific business needs and goals. Both types of business structures have their own advantages and disadvantages. Advantages of a partnership: Advantages of a limited company: Ultimately, the decision which type of business structure is best
At the time that I write this, Bitcoin has risen 50% over the last month and if you were brave enough to buy at the bottom of the market you are probably feeling pretty pleased with yourself right now. By Chris Davies But a word of caution. We saw a
When you’re looking for an accountant, how do you know that they have the right skills and knowledge, and whether they will be a good fit for your needs? A Google search will return a choice of local accountants, but there’s more that you should look for: A sensible way