Mar 7 2019 Research & Development Claim Settled! Categories: Taxation Our team recently completed a Research & Development (R&D) claim for a client based in the West of Scotland, resulting in a client saving of £23,400! Our client is a University spin out company specialising in the design and development of tactile sensory technology. During the year of claim, the company was involved in several qualifying more
Mar 1 2019 HMRC Delay Issuing Self Assessment Penalty Notices Categories: Personal TaxTaxation More than 11.5 million taxpayers were required to file their Self Assessment Tax Return by midnight on 31 January, and according to HMRC, a record 93.68% submitted on time. However, there were still 731,186 taxpayers who missed the deadline. As part of EU Exit contingency planning, HMRC have decided to make a change to the more
Feb 21 2019 Innovation from HMRC: R&D tax credit online service Categories: Taxation On 11 February 2019, HMRC launched a simplified, digital approach for SMEs to submit Research and Development (R&D) Tax Credit claims. The new online template clearly details the information needed to support the claim which is then sent to HMRC in a standardised format, thereby making it easier for some companies to claim and HMRC to more
Feb 18 2019 Making Tax Digital for Dental Practices – what is it all about? Categories: HealthcareMaking Tax Digital Making Tax Digital (MTD) will be at the forefront of the minds of business owners and advisers over the next few months but what is it all about? MTD is the idea that all your business transactions will flow seamlessly to HMRC by electronic means at the press of a button. Enabling HMRC to estimate more
Feb 14 2019 Research & Development Claim Settled! Categories: Taxation Our team recently completed two Research & Development (R&D) claims for a client in the renewable energy sector based in the East of Scotland, resulting in a client saving of £40,854! Our client has been developing new technology in the use of biomass and its application to efficient heating of greenhouses. Our client has been trialling more
Jan 31 2019 Research & Development Claim Settled! Categories: Taxation Our team recently completed a Research & Development (R&D) claim for an agricultural client in the East of Scotland, resulting in a client saving of £54,595! Our client specialises in growing fruit and vegetables and is involved in ground breaking research into extending growing seasons for various crops. In addition, improvements to crop quality and new more
Jan 18 2019 Making Tax Digital – How does it impact the construction industry? Categories: Making Tax DigitalProperty & Construction Now that the festivities are over, and the new year is here, January is a month where we start thinking about the year ahead. One of the biggest changes, from a tax perspective, is the introduction of Making Tax Digital (MTD) from 1 April 2019. The attitude that many were taking was that HMRC would more
Jan 17 2019 Our growing Payroll team could be looking for you Categories: EQ AccountingPayroll Our dedicated Payroll team, part of our EQ Accounting department, now deal with 274 payrolls for 2,446 employees. Starting with a team of two payroll administrators, we now operate a team of seven and our client base has more than tripled in recent years. We have achieved this significant growth by making improvements in efficiency, more