It is fairly well known that employees can spend up to £150 per person per year on events (typically meals out, Christmas parties, etc.) without having to worry about income tax being charged to the staff members.
Suddenly there seems to be a lot that we want our staff to know. Uncomfortably, as we read in the media every day, the risks of sanction where these issues are not dealt with properly through staff not being able to apply knowledge practically, are growing higher.
For Small and Medium Enterprises in the UK, Research and Development (R&D) tax relief enables companies that incur costs in developing new products, processes or services to obtain additional deductions against their taxable profits. Where this additional deduction creates losses, the company is entitled to surrender the losses for a repayment tax credit.
Whether you are planning on starting out on your own, opening a new indie dev' studio, looking to expand your studio or the time has come to consider a sale, we can provide you with the support and guidance that you need to help ensure success.