Changes to capital gains tax entrepreneur’s relief

Changes to capital gains tax entrepreneur’s relief

There were many predictions before this week’s Budget that the Government considered that the 10% capital gains tax rate that applies to the first £10m of gains made by entrepreneurs on business assets was too generous and would be reined in. As it happened, the rules...
Research & development payable tax credit restriction

Research & development payable tax credit restriction

In this week’s Budget the Chancellor has announced a re-introduction of a restriction to the amount of R&D tax credit relief that can be claimed. This is aimed at preventing abuse of R&D tax relief for small and medium-sized enterprises (SMEs). The restriction...
Off payroll working reforms to be extended from the private sector

Off payroll working reforms to be extended from the private sector

Since the reforms for off payroll working were introduced for the public sector, there has been the expectation that this would eventually be introduced to the private sector. The reforms mean that businesses will become responsible for assessing an individual’s...
The Chancellor’s surprise giveaway

The Chancellor’s surprise giveaway

Whether or not you believe the Chancellor is right to say that “Austerity” is coming to an end, he certainly surprised most commentators with a number of his announcements, not least of which included the early implementation of the Government’s manifesto promise to...
Why is Research and Development important?

Why is Research and Development important?

Why is Research and Development important? For technology and software companies, research and development is important as they can be the first to market certain products or services which gives them an edge over their competitors. Success in R&D could encourage...
Connect your business data webinar with Cloud9 Insight

Connect your business data webinar with Cloud9 Insight

On Tuesday 16 October, Plus Accounting collaborated with Cloud9 Insight to deliver a free online webinar on “How to Connect your Business Data and make better business decisions”. Our Plus Advisory manager, Emma Hardwick, takes you through the benefits of...