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R&D relief gives additional tax relief to companies for expenditure incurred on R&D projects that seek to achieve an advance in science or technology. For an SME company which incurs losses when conducting R&D activity, a tax credit can be claimed by way of a cash sum paid by HMRC.
From 1 April 2014 the rate of the R&D payable tax credit will be increased from 11% to 14.5%.
Have you ever considered selling on Amazon or eBay, setting up an eCommerce business, or a little side hustle?
If this sounds like you, it seems you are not alone.
More and more people these days are selling online to boost their income, sometimes just for a bit of fun and with no higher plans, and other times in the hopes of turning this so called side hustle into their dream job and their very first foray into entrepreneurship…
We have been receiving lots of enquiries recently about accounts and tax for Amazon sellers, so I’ve recorded a little video outlining our top tips if you are thinking about giving it a go yourself…
The Employment Allowance is a government incentive designed to support businesses by reducing their National Insurance Contributions (NICs). It gives employers the opportunity to save
It’s easy to overlook the importance of correctly filing payroll reports on time, but it could be more costly than you think if you don’t.
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