If you want to get the most benefit for your client’s business through R&D tax credits, you have to maximise your claim. This will involve doing a lot of research and sometimes it’s difficult to even know where to start when preparing your application. It’s worth it to put in the time and effort though,…
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The UK has reported financial losses of £5.7m from 14,883 cybercrime incidents since the start of the year, with one third of the total losses, £1.9m, coming from businesses The new study from click fraud prevention experts PPC Shield reveals that hacking, fraudulent use of social media, and email scams are the most common form…
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Half of UK SMEs, 56%, expect to recruit more staff over the next year with 60% of SMEs intending to invest in their businesses, with only 20% intending to borrow, according to the Azets’ SME Barometer. A survey by UK accountancy firm Azets found that 68% of SMEs feel positive about the economic outlook…
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HMRC have issued a reminder that married couples and those in civil partnerships could reduce their income tax by up to £252 a year by sharing their Personal Allowances. Marriage Allowance allows married couples or those in civil partnerships to share their personal tax allowances if one partner earns an income under their Personal Allowance…
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SME businesses remain optimistic about their post-pandemic recovery but staff shortages and concerns around rising inflation threaten future growth. The findings from accountancy and advisory firm BDO reveals that business leaders are concerned about staff shortages derailing their recovery with more than half, 58%, currently have open roles that they cannot fill and more than…
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Rarely does a day go past without tax reform rearing its head in a daily financial news bulletin. In particular, continued talk of capital gains tax (CGT) reform in the UK has been widespread and resounding for some time. In the wake of the unprecedented, but necessary, public spending throughout the pandemic, the Treasury will…
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The main reason for the geographical disparity is the fact that most businesses’ fundraising is asset-backed. In other words, the scale of the assets a business has available is dependent on how prosperous it has been. “As we know, the economic inequalities in how prosperous businesses are determines how much free assets you’ve got available…
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Around 660,000 jobs will likely still need furlough when the scheme ends in September with thousands being pushed into unemployment if the government doesn’t extend it past the deadline The analysis from the New Economics Foundation (NEF) found that the additional 20% employer contributions towards furlough wages at the start of August will not be…
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Almost three million people have moved off the furlough scheme since March as the economy began to recover and businesses reopened The latest figures show that 1.9m people remained on the scheme at the end of June, more than half a million fewer than the 2.4m at the end of May. At the end of…
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