Research and development tax credits for small businesses
4,500 small businesses are claiming research and development tax credits each year according to an HMRC guide on R&D tax credits for small businesses. Qualifying R&D expenditure helps reduce a company's corporation tax bill but with such a small number of companies...
Tax on business entertainment
Tax rules can be confusing when dealing with business entertaining expenses. Below are examples of the three main types of business entertainment and their tax implications. The three types are client entertaining, staff entertaining and subsistence. Example Reclaim VAT Offset...
Salary sacrifice pension scheme
The Smart Pension Scheme is a salary sacrifice scheme that provides an option for companies to save cash and increase the take home pay or pension contributions made to employees. In a difficult economic climate, companies are looking at ways to...
Clear Books 2008
A summary by month of the progress Clear Books has made in its inaugural year: 2008. June 08 - Clear Books Concept I was working at Arbuthnot Securities as a research analyst covering small cap stocks listed on AIM. I invited Brendan...
Accounting software and free trial for charities
* UPDATED 28th JANUARY 2016 * There are over 200,000 charities in the UK and all these charities are required to maintain accounting records, even the 84,000 that have an annual income of under £10,000. The larger charities must submit...
Online accounting software for businesses and accountants
Clear Books is an accounting software package for companies and accountants. It is an online accounting system that makes managing company accounts easy, efficient and stress free. Try the 30 day trial and register for free. Clear Books for Companies We...