R&D – The Basics

What is R&D Tax Credits R&D Tax Credits are a tax break put in place by the UK Government. They let you reclaim up to 33% of your R&D costs, even if your project failed.  In practice, SMEs  both profitable and loss-making can get back up to 33% of the amount Read more…

VAT SCHEME

  The most common area where mistakes are made is VAT as this is a very complex tax area: If you’re  VAT registered, you have to charge VAT when you make taxable supplies. What qualifies and the VAT rate you charge depends on the type of goods or services you Read more…