UK Government tax incentives for each stage of a business lifecycle

BusinessN2k podcast

Here in this BusinessN2K podcast we cover (at a canter!) the key tax incentives that are available to support entrepreneurs in building businesses from startup through to exit including:

  • What’s the best business vehicle – company, partnership or sole trader?
  • Why Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) could hold the key to your success in fundraising?
  • How to incentivise your employees tax efficently using an Enterprise Management Incentive share option scheme (EMI)?
  • How you could receive a third of your investment cash back via the UK’s SME R&D tax credit scheme?
  • How you could halve your corporation tax rate by electing into the Patent Box scheme?
  • How you could bag a 10% CGT rate on exit or even sell up tax free?

We’ll no doubt cover each of the above UK Government tax incentives in a separate podcast edition for each – but if you would like to learn more about the SEIS and EIS tax incentives then you can access our dedictated Get Funded! podcast.

Get email updates (they’re free!).



Get a great new car like a Tesla Model S and save tax too!

I have been salivating over the new Tesla Model S that has recently been introduced in the UK. It carries a fairly hefty price tag but given its space-age interior, high performance and ‘cheap as chips’ running costs (its 100% electric) its hard to ignore. The good news for company owners is that there are … Read moreGet a great new car like a Tesla Model S and save tax too!

Your Virtual Accountant

Today was like many others, but perhaps a world away from just a decade ago for an accountant and client working together. We wrestled through bank reconciliations, talked through accountancy adjustments, mulled over cost-drivers and shared insights around areas for growth. We were face to face and looked at the same screen with the same … Read moreYour Virtual Accountant

Share Equity: Once it’s gone, it’s gone

Sometimes there is little alternative but to issue shares to investors, employees and other stakeholders. If the company’s an early stage company then it has little else to ‘sweat’ to release some cash. You might be able to benefit from the Seed Enterprise Investment Scheme (SEIS) or the Enterprise Investment Scheme (EIS) but – although … Read moreShare Equity: Once it’s gone, it’s gone

R&D Tax Credits: How the new HMRC 14.5% cash credit works

I’ve been getting some questions about the new 14.5% R&D tax credit rate announced in the March 2014 Budget Statement and how it works in practise. So here’s a short video outlining how the effective rate of cash receivable from HMRC increases from 24.75% to 33% on qualifying spend – that’s one third of your … Read moreR&D Tax Credits: How the new HMRC 14.5% cash credit works

Can I raise funding under both the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS)?

The quick answer is YES – you can raise funding under both SEIS and EIS but there are some important points to watch including: If you wish to raise cash under both schemes, you must issue shares under SEIS before EIS. You can’t raise money and issue shares under EIS and then seek to raise … Read moreCan I raise funding under both the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS)?

What is a Company Annual Return?

What is a Company Annual Return?

Every UK company is required to file an Annual Return. This is not to be confused with the annual statutory accounts or annual corporation tax return. The Annual Return is a snapshot of the foundations of the Company at the made up date so it includes details such as: Company Name Registered Office Directors / … Read moreWhat is a Company Annual Return?

How to apply for advance assurance for SEIS / EIS

HOT OFF THE PRESS: We’ve just launched a brand new online course that shows you exactly how to complete and file your SEIS / EIS advance assurance application with HMRC. We walk you through every stage of filling out the form plus share some additional resources to help ensure a smoother passage through HMRC. Access … Read moreHow to apply for advance assurance for SEIS / EIS

R&D Tax Credits – Don’t miss your claim!

Statistics from HM Revenue & Customs suggest that less than 0.25% of UK companies are taking advantage of this fantastic Government incentive which can apply to all companies across all sectors. The R&D tax credit scheme has been in existence since 2000 and the tax relief available has got better and better year on year. … Read moreR&D Tax Credits – Don’t miss your claim!

SEIS | Need to know facts for startups

SEIS Need to know tips for startups from Business N2K on Vimeo. A short 5 min overview of the Seed EIS tax incentive and need to know facts and tips for startup founders. Remember, SEIS requires a subscription for shares – loans do not work. Look forward to your feedback and experience of using the … Read moreSEIS | Need to know facts for startups