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Tax Relief

It’s a question we hear all the time, and as accountants, our answer is… it depends! There are several factors to weigh up before making the switch. Read on to explore the key considerations.

The time and effort that it takes to find and hire employees can be significant for high growth technology businesses. However, holding onto workers is even harder. The job for life no longer exists, and increasingly the millennial workforce seeks to move around in their career or in many instances...

Taking on your first employee can be daunting, but it is a necessary step for startups with the ambition to grow. Hiring employees allows you to focus on your strengths rather than being a generalist managing all aspects of the business. That said, employing staff comes with a range of...

Research & Development (R&D) tax credits were first introduced in the UK in 2000 (for SMEs) and in 2002 for larger companies. The scheme is hugely popular (recent stats reveal that HMRC currently pays out £1.8bn of R&D tax credits to SMEs annually), due to being a generous and effective...

Video Games Tax Relief (VGTR) was introduced by the government in 2014, in recognition of the value it creates to the economy.  Data from HMRC released in 2018 shows that the scheme has paid out £230 million to claimants to date. The sector is worth around £3 bn to the economy...