23 March 2022
Spring Statement 2022 Update - Did you see that coming?
Despite the rumours of a reduction in income tax, you may have expected that the Chancellor would keep this in his back pocket for now...
12 January 2022
Lifecycle of a tech startup series: R&D tax relief
Having raised £500,000 and, in episode 8, hired a software developer, KNow Wear Limited is starting to flourish. As Ben Franklin wrote when the USA was in its infancy, nothing is certain except death and taxes. Knowledge of the UK tax system is valuable for any UK business owner, start-ups can dramatically improve their chances of success by ensuring they claim the various tax reliefs and incentives available. Episode 4 looked at the valuable tax reliefs a company can offer its investors, your focus today is on the tax relief (or repayment) available to companies carrying out research and development activities.