With so much change happening in the field of R&D tax credits relief, we have put together a useful summary timeline of changes and new rules that are currently on the horizon
For many years, the default option for the majority of SMEs has been to claim the R&D tax credit rebate rather than wait for potentially higher relief - will the new 25% corporation tax rate make a difference?
The new Chancellor, Kwasi Kwarteng, clearly sees the benefit of the SEIS relief to help kick-start the UK economy as he announces further improvements to come into effect from April 2023
A potential costly error for Founders of startups is to miss the technical point that SEIS shares must be issued before EIS shares
Overview of current government tax reliefs available for ambitious growing UK company including S-EIS, R&D tax credits, Patent Box, EMI share options
In this video we flag a potential issue for founders who are seeking funding under SEIS and may not be aware that the NIC Employment Allowance can impact on the max £150,000 amount that can be raised under SEIS
HM Revenue & Customs has introduced a further form that all companies must now complete and file when claiming either the R&D tax credit relief
Too often in business we fall into the trap of short-term P&L thinking - worrying about costs and expenses rather than viewing them in the context of the longer-term investment value that they might bring to the business - this is the essence of 'Balance Sheet Thinking'
So you have made an investment into an SEIS company but you don't want to claim (all of) the income tax relief in the latest tax year - how do you carry it back?
