Tag Archive: HMRC
SEIS Changes – January 2020
Key Business Consultants was founded as an SEIS tax specialist firm, so we always stay on top of the latest SEIS changes. Last week the government introduced some new SEIS changes. In today’s article, we’ll tell you exactly what you need to know. Qualifying Conditions for SEIS As SEIS experts, we’ve always recommended the scheme… View Article
Top 5 Things To Avoid If You Want To Qualify For SEIS
If you want to qualify for SEIS, there are several important thing you have to avoid. We have a lot of fantastic information on this blog already about how to qualify for SEIS. In today’s article, we’ll tell you our top five things to avoid. 1. Being a non-director employee before investing in the company… View Article
What is R&D?
R&D tax credits are an effective way for small businesses to raise money while offering incentives to investors. We highly recommend R&D tax credits to both businesses and investors. R&D stands for Research and Development. The Definition of R&D In the Frascati Manual (2015), published by the Organisation for Economic Cooperation and Development (OECD), R&D… View Article
Cryptoassets – The Latest From HMRC
A lot of our clients have been asking us how HMRC plans to treat cryptoassets for business and personal tax purposes. Cryptoassets, also known as cryptocurrency, are “digital representations of value”. They are often talked about in the context of Distributed Ledger Technology (blockchain), because they all use some form of DLT. The Cryptoasset Taskforce… View Article
Is My Export Business Ready For Brexit?
Brexit is going to pose challenges for anyone who deals with members of the EU. Read more to find out if your export business is ready. A lot of our clients have asked us how Brexit is going to affect their export business, and what they can do to prepare for it. So we’ve put… View Article
Everything You Need to Know About R&D Tax Relief
According to HMRC’s own published figures, R&D tax credits effectively reduce the cost of R&D by 28% for a large company and up to 44% for an SME (including their normal tax deductions). This type of tax relief helps demonstrate that R&D can be an extremely valuable tool for driving innovation in companies of all sizes across the UK…. View Article