Are you an entrepreneur or company founder seeking funding? Have you considered the benefits of the Enterprise Investment Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS) to attract private investment from individuals and business angels? Or are you a prospective EIS / SEIS investor? If you answered YES to any of the above, this FREE … Read moreEIS / SEIS: Navigating traps for the unwary (webinar)
Tax planning is getting a real battering at the moment – in some cases, for all the right reasons – but there are many instances where effective tax planning is essential for fast growth businesses and, in fact, positively encouraged by the government. Aside from printing money to erode away much of our UK budget … Read moreWhen tax planning can be good!
As an ambitious entrepreneur and founder of a fast growth business you may benefit from reviewing the following generous tax breaks as part of your 2013 planning: 1. Patent box – introduced with effect from 1 April 2013, companies will be able to elect into this new beneficial company tax rate and pay tax at … Read more5 essential tax tips for innovative companies in 2013
The Seed Enterprise Investment Scheme (SEIS) provides an excellent opportunity for early stage fast growth companies to access funding from founders, family, friends and business angels. In essence it rewards investors by allowing them to reclaim income tax at a rate of 50% of their investment under the scheme (limited to £100,000 investment per tax … Read moreGetting the most out of SEIS to fill the funding gap
Latest HM Revenue & Customs figures reveal that a total of £52m tax relief was claimed in the North West under the UK R&D tax credit scheme in 2010-11. The £52m is spread over 985 claims giving an average claim of £53,000 (interestingly, this compares with an average claim of just £19,000 in London!), although … Read moreNorth West SMEs claim an average £32,000 R&D tax relief
A common question asked by business founders and entrepreneurs is how much of the profit generated (after paying all expenses) they should leave in the company – or put another way: “How much should I pay myself?” Here are two scenarios: William pays himself enough to live off, pay the bills and take the family … Read moreHow much money should I take out of my business?
If you are looking at starting a new hi-tech venture then the timing has never been better in utilising the latest available UK tax incentives. Consider a scenario where say 4 enterprising entrepreneurs are looking at building a new state of the art technology platform. They budget it will cost c£1m to get to market … Read moreMix SEIS + R&D Tax Credits to Maximise your Start-up Funding
The introduction of Seed EIS (SEIS) is a major break-through for early stage companies seeking funding. Here are 10 need to know (N2K!) facts for start-up founders on the new SEIS scheme: SEIS allows investors in early stage companies to receive 50% income tax relief on investments up to £100,000 per year. So for every £1 … Read moreSeed EIS (SEIS) – 10 need to know facts for UK start-ups
So you’ve had a good look at the activities of your company and think you might have a qualifying claim for Research and Development (R&D) Tax Credits – but what next? HMRC R&D tax credits can be successfully claimed by UK companies across all industry sectors – from builders to engineers to manufacturers to technology … Read moreHMRC R&D Tax Credits: How hard is it to file a claim?
I am looking forward to co-hosting a seminar at lunch-time today on: 10 tax tips for fast growth companies The seminar is pitched at companies from startups through to more established companies as we walk them through the sorts of tax issues and opportunities they should consider as they seek to grow profitable companies. We … Read more10 tax tips for fast growth companies seminar