Tag Archive: Tax
What Is The SEIS 2 Year Rule?
Does my business qualify for SEIS? And what is the “2 year trading rule” I keep hearing about? The Seed Enterprise Investment Scheme (SIES) is a fantastic way to raise money for your company. Key Business Consultants was founded as an SEIS specialist firm, and we’ve helped hundreds of businesses over the last six years… View Article
We Are R&D Tax Relief Specialists
At Key Business Consultants, we have many years of experience in helping companies develop the best approach to making an R&D tax credits claim. We are R&D tax relief specialists and can help you across all stages of making a claim. Some of the areas where we have helped clients include: helping to prepare a… View Article
Capital Gains Tax Reinvestment Relief
Capital Gains Tax (CGT) reinvestment relief, at 50% of the ordinary CGT rate, is available where assets are sold and all or part of the gain is invested in shares that qualify for SEIS. Reinvestment relief is available for half of the CGT on gains reinvested within the SEIS. In 2012-13 the reinvestment relief was… View Article
Time limits for Legal Claims Against the Estate
There are time limits in place for legal claims against an estate. Executors of an estate must settle all legal claims, debts and liabilities associated with the deceased in a timely manner. However, in some cases the claims can be difficult to ascertain. An executor can be liable for the debts of an estate. He… View Article
Who Can Take Out Probate?
Probate services concern the administering of the estate of a deceased person. The goal is to resolve all claims and distribute the deceased person’s property as per their final wishes. An authorised professional, or alternatively by a relative or friend, can handle the process. If the deceased’s estate is worth less than £5,000, or the… View Article
What is Social Investment Tax Relief? (SITR)
SITR was set up in 2013-14 tax year. It is very similar to another HMRC initiative called the EIS which was set up in 1994. The tax reliefs are the same with 30% income tax relief, hold over capital gains tax deferral relief and capital gains tax exemption on disposal. It creates minimal confusion on… View Article