Archive for August 2018

Everything You Need to Know About Capital Allowances

Everything you need to know about Capital Allowances

You can’t avoid it, but you still hate thinking about it: taxes. But when tax day rolls around, wouldn’t you rather get a deduction on your taxes? If you haven’t been claiming property capital allowances for your business, you’re missing out on a major tax benefit. Here, we’re breaking down what capital allowances are, what…

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Making a late Capital Allowances claim

August Newsletter

Late Capital Allowance Claim In this newsletter, we share a case that supports the ability to submit a late capital allowance claim i.e. submit a retrospective claim in a tax year that is no longer open for amendment under standard protocol. In the world of tax, case law is a powerful tool that supports a principle and methodology. When…

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What is R&D Tax Credit and How Can I Benefit?

What are R&D Tax Credits and can I benefit?

Governments around the world encourage businesses to invest in research and development as a way of promoting the national economy. The primary incentive used is an R&D tax credit, which rewards firms who invest heavily in forging paths to the future. The research and development tax credit isn’t a novel or unique idea: 29 out…

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