R&D Tax Credits claims soar

R&D Tax Credits claims soar

On 27 September, HMRC released the statistics for Research and Development (R&D) tax credit for 2000-01 to 2016-17. They are based on returns received on or before 30 June 2018. The statistics show that the total amount of R&D support claimed by businesses...
Why the cash basis may not suit your business

Why the cash basis may not suit your business

The cash basis scheme helps many sole traders and other unincorporated businesses benefit from a simpler way of managing their financial affairs. The scheme is not open to limited companies and limited liability partnerships. It allows qualifying businesses to use the...