What more R&D investment means for businesses

What more R&D investment means for businesses

The Government’s Spending Review (SR25) was held in Parliament last week, proposing further investments into research and development (R&D) spending to encourage start-ups to grow and scale in the UK.   What is R&D?  R&D involves investing in new ideas,...
Tax Relief: Newly merged R&D scheme

Tax Relief: Newly merged R&D scheme

Are you aware of the newly merged R&D (Research and Development) relief scheme? Well, following on from last year’s Autumn Budget, the scheme has now come into effect, implemented for accounting periods beginning after 1st April 2024. It has presented...
Self Assessment threshold updated for 2023/24

Self Assessment threshold updated for 2023/24

If you are usually required to submit a Self Assessment tax return, then we may have some exciting news for you… HMRC has announced that from this tax year (2023/24) onwards, the Self Assessment threshold for PAYE taxpayers will increase, reducing the administrative...