Are You Entitled to R&D Tax Credits?

As London accountants we understand that the whole area of Research & Development tax credits can be confusing because there are a range of different conditions attached to any potential entitlement. The size of the company (in terms of employees and turnover) affects any entitlement so there are different rules for SMEs and Large Companies as defined by HMRC but, just to add… Continue Reading

Top Ten Tax Tips For SMEs

Of course all businesses want to make sure they are handling their tax effectively and benefiting from all of the reliefs and exemptions that are available to them. However, this is arguably even more important for SMEs, who tend to have smaller budgets and fewer resources to be able to handle everything in-house.

So take a look at these ten best tax tips for SMEs in particular:

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Paying Too Much Income Tax?

Why you might have a wrong HMRC tax code

One of the most common reasons for paying too much income tax is that you have been assigned the wrong tax code. This can happen for a number of reasons such as when you change jobs and your new employer does not have the correct code so an incorrect or sometimes a temporary code is allocated to you. If you have returned to the UK from working overseas y… Continue Reading