R&D tax credits explained

R&D tax credits explained

The R&D tax credit scheme was launched in the UK to encourage innovation. It was used to incentivise businesses to invest in scientific and technological R&D. The reward? A substantial corporation tax deduction or cash payment from HMRC, depending on set...
Can you claim the fifth SEISS grant

Can you claim the fifth SEISS grant

Find out the turnover figures you’ll need before you claim, where to find them and how they affect your grant amount. Before you claim You must: Work out your turnover for 12 months from 1 April 2020 to 6 April 2020. Find your turnover from either 2019 to 2020 or 2018...
How to reclaim CGT paid on account

How to reclaim CGT paid on account

The disconnect between self-assessment and the UK Property Reporting Service for paying CGT. Since April 2020, UK residents have been required to calculate, report and pay CGT on their UK residential property gains within 30 days of completion. Most of the tax...
Capital Gains Tax on UK property account

Capital Gains Tax on UK property account

Find out how to ask for authorisation, manage your client’s account and how to send returns as an agent. Before you start Before you can manage your client’s Capital Gains Tax on a UK property account, you’ll need to check that they have set up their own...

Improve Your Business In The Second Quarter Of 2021

The economy is bouncing back from the covid-19 pandemic, with consumer spending expected to increase at service and hospitality-focused businesses, which is great news for stocks. As the spending is expected to increase, it will result in a boost for the economy in...