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Are you claiming for employment allowance?

Employment allowance could save you thousands of pounds every year and if you are not already claiming for it then you should be. Even if you are unsure of the process, or you’re not sure if your company is eligible, … Read More >>

Business | HMRC | Payroll

Latest Press

Southampton accountant celebrates 25 year milestone of sporting challenges

An accountant from a top UK firm has just announced that he will be celebrating his 25th consecutive year of sporting challenges for charities around Hampshire, hoping to raise a total of £250,000 by the end of the year

Tax Dates

31 January 2015

Last day to renew 2014/15 tax credits.

31 January 2015

Last day to file the 2014 Tax Return online without incurring penalties.

31 January 2015

Liability to 5% penalty on any tax unpaid for 2012/13.

WK Tax Factor

Research and Development (R&D) tax relief explained

Q. I have heard of Research and Development (R&D) tax relief as being an excellent tax saving for many small and medium sized businesses. But I don’t work in a scientific field, so how could this benefit me?

It is a common misconception that R&D tax relief is only available for those who work specifically in a scientific or technological field. However, in actual fact, qualifying R&D expenditure is incurred across a number of industries and many companies are missing out on this extremely valuable relief.  - See more 

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