How Do R&D Credits Work For Tech Companies?

by William | Jun 13, 2023 | Business, Tax

Research and development (R&D) tax credits are a great way for your tech company to claw back some of the costs you incur during your work. How much you can claim will depend on the size of your company, though, so it’s essential to understand which of the two...

Why You Should Start Your Self-Assessment Early

by William | May 10, 2023 | Cloud accounting, HMRC, Personal, Tax

There are so many benefits to starting your self-assessment early. Although it may be tempting to put off your self-assessment tax return, you’d be surprised how quickly time passes. Next thing you know, it’s nearly deadline day, and you’re only halfway through it. If...

What are the Main Tax Changes for 2023/24

by William | Apr 11, 2023 | Tax

The new fiscal year is already underway, and a slew of tax changes are now in effect. Although some were announced a while ago now, it’s understandable that you may have missed a few – especially with all the rapid-fire Government changes. No matter, we wouldn’t...

How to Account for SME R&D Tax Credits

by William | Feb 21, 2023 | Accounting, Business, Tax

If you’re a small to medium-sized company looking to make innovations in the world of science and technology, you could be eligible for research and development (R&D) tax credits. If you qualify, you can claim back some of the money your business spends on...

Electric Car Tax Has Changed: What You Need to Know

by William | Feb 8, 2023 | HMRC, Tax

The way that electric vehicles (EVs) – including cars, motorbikes, and vans – are taxed is changing in more ways than one. Here’s everything you need to know. Vehicle excise duty Vehicle excise duty (VED) is a tax levied on every vehicle on UK public roads....

Electric vehicles – Good for the Planet and Good for Business

by William | Aug 10, 2022 | Accounting, Business, Tax

Many of our clients in the automotive sector are petrolheads by instinct, in love with the beautiful roar of the internal combustion engine. But you can’t let the heart overrule the head in business, and, increasingly, the savviest are taking an interest in EV as they...