Tax relief

Articles and guides on utilising government tax reliefs, and related various deductions, credits, exemptions, or incentives, available for UK SMEs.

Tax

6 tax breaks every small business should know about

You could add thousands of pounds to your small business bottom line by applying these little-known tax breaks.

Accounting

Employment Allowance for small business

We answer the key questions around Employment Allowance to help you determine whether your business is eligible and, if it is, how to apply

News

Tax-free shopping could give economy extra £10bn

Business groups are calling to reinstate tax-free shopping for international visitors but the Treasury is reluctant to do so.

News

Hunt replaces super deduction with new tax break

Among his announcements in the Spring Budget, the Chancellor has introduced full expensing, successor to the super deduction tax break

Tax

HMRC doubles payout time for R&D tax relief

Taxman double the length of time smaller companies have to wait to get R&D tax credits paid out from one month to two months as it combats what it sees as growing fraud.

Tax

7 tax myths for small business owner/managers exploded

As we head into the new tax year, Stuart Clark of Russell & Russell sorts out fact from fiction, putting money in your pocket

Tax

Sajid Javid cools talk of raising national insurance threshold to £12,500

Tory move to lift national insurance threshold to £12,500 would put nearly £700 each in the pockets of millions of small business workers

Tax

Why small businesses are missing out on millions in R&D tax credit relief

Failed innovations can still reward a business’s bottom line, providing extra capital which can be reinvested through the research and development (R&D) and Patent Box tax credits. Mark Tighe explains.

Tax

How can my small business make the most of tax reliefs available?

Small businesses can miss out on tax breaks and reliefs that could save them money. Jonathan Amponsah outlines 12 common mistakes to avoid

Accounting

Tax relief and fintech could help self-employed to save more into pension

Government is adapting its strategy to deal with self-employed pension crisis.

Employing & managing staff

Pension tax relief disparity among higher and lower paid staff

Uncertainty remains for millions of low paid workers as to whether they will get tax relief on their pension contributions, according to one pension provider. Employers need to consider carefully the way in which their pension scheme works. Stephanie Spicer reports

Advice

Landlord tax relief changes: Why property owners should consider a limited company

As a landlord, you could see profits for both new and existing buy-to-let investors significantly decline. But if you're a limited company, this may not be the case. Here, Neil Lancaster explains why.

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Business Technology

Friendly guide – top tips for small businesses switching to VoIP

With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!

Export & Import

Avoid delays with exports and imports

Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world

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