Archives

August 2021

What is the Research and Development tax relief for SMEs?

16th August 2021

If your SME is developing or modifying an existing product or service to resolve a technological uncertainty, you may be eligible for the Research and Development tax relief for SMEs. As the average claim made by SMEs in the UK...

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Employee Ownership

5th August 2021

What is Employee Ownership? Employee ownership is the selling of shares of a business to an employee ownership trust or scheme. This allows employees to have a ‘significant and meaningful’ stake in the business both finically and strategically....

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Extended Loss Carry Back

5th August 2021

In March 2021, the government extended the carry back of losses for businesses. There is a temporary extension to the carry back rules and the period of time to claim trade losses. As announced in the Budget 2021,...

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Chartered Accountants in Sunderland, offering expertise on everything from Tax and Business Planning,
to Accounts and VAT.