Is your company innovating?Research and Development (R&D) tax credits provide extremely favourable tax reliefs for companies who engage in innovation. It is not just relevant to technology companies and qualifying R & D can be found in many different industries....
Taxation
How can I accumulate and pass on my wealth?
Accumulating, preserving and passing on family wealthThere are several tax efficient options families can adopt to help them to accumulate, preserve and pass on their wealth. As ever, we would begin by ensuring that we have a clear understanding of your personal...
How can I attract, retain and motivate key people?
Attracting, retaining and motivating the right people is one of the keys to growing a successful business.Your own circumstances and goals will be unique, but we are adept at getting to the heart of what you are trying to achieve and recommending tax efficient...
Letting residential property and tax
Changes in the taxation of property income from letting residential propertyThere have been a number of changes in the taxation of income from residential property which will be introduced over the next 5 years. The key changes are shown below. Please note that none...
Protection from tax investigation costs
If you're a Bates Weston client and you subscribe to our Tax Investigations Service, the costs involved in dealing with an HMRC tax enquiry are covered.When you subscribe to our Tax Investigation Service we are able to make a claim against our insurance policy held...
Salaried partners in an LLP
Partnerships were common in many professional businesses where regulations prohibited them from becoming limited companies.The salaried partner was a “stepping stone” to becoming an equity partner, delivering partner status and receiving a salary rather than a profit...
Are you making the most of R & D tax reliefs?
R & D tax credits can be worth up to 230% of the money you have invested in eligible R & D this year and what’s more, you can claim R & D relief on expenditure that’s up to three years old.If you can answer yes to all three of the following questions you may well be...
Share incentives
Historically most of the tax advantages from share incentives were targeted at larger companies. The exception, designed for smaller companies, was the EMI (Enterprise Management Incentive) scheme.The usefulness of EMI was drastically reduced in 2008 with the...
Selling your business
Most small to medium sized businesses are sold through the sale of shares or assets.The major question to be addressed will be whether a sale of shares in the company or a sale of the trade out of the company is the preferred route? Tax will be a major consideration...
Looking to grow? Take the next step
From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.