How does Xero software work? Xero works in the cloud, it is an online book-keeping system you can access any time and any where. What are Xero add ons? Xero add-on are Apps that integrate to Xero that can give you extra functions such cashflow forecasting, receipt...
The cycle to work scheme was introduced to encourage cycling to work and reduce environmental pollution by providing tax incentives to employers and employees In order to qualify for the relief, the following conditions must be applied: The employer purchases the...
The amount of “up-front” tax relief which is available for capital expenditure on plant and machinery, equipment and fixtures and fittings (but not property assets) has been up and down like a yoyo for the last 4-5 years, and this year is no exception. Having reduced...
There were many predictions before this week’s Budget that the Government considered that the 10% capital gains tax rate that applies to the first £10m of gains made by entrepreneurs on business assets was too generous and would be reined in. As it happened, the rules...
In this week’s Budget the Chancellor has announced a re-introduction of a restriction to the amount of R&D tax credit relief that can be claimed. This is aimed at preventing abuse of R&D tax relief for small and medium-sized enterprises (SMEs). The restriction...
Since the reforms for off payroll working were introduced for the public sector, there has been the expectation that this would eventually be introduced to the private sector. The reforms mean that businesses will become responsible for assessing an individual’s...
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