Our team have considerable experience in this area and this is probably why, as an advisor who works with many clients on R&D claims, we have had minimal issues arising from the random enquiries.
R&D tax relief is offered to encourage innovation and advances within businesses, and working with a tax accountant with a thorough knowledge of the rules and wide practical experience is essential.
With the ever-increasing push for green credentials, the UK renewable energy market is expanding, and many farmers are now facing the opportunity of diversifying or letting land for solar or battery storage.
We have extensive experience supporting clients working within the NHS and private healthcare sectors including,
GP Partners
GP Locums
NHS Consultants
Medical Societies
Private Practices and Groups
Allied Healthcare professionals
Dentists
Care homes
There is no general guidance for the taxation of compensation for mis-selling and the tax treatment of compensation payments is a complex area which has given rise to a substantial number of tax cases.
A welcome change was announced in the March budget that you may have missed. Trusts and Estates with income less than £500 will no longer have to pay income tax.
National Insurance: An important reminder to check your record