New rules on the taxation of profits for companies with ‘qualifying patents’ were proposed in the draft Finance Bill 2012 late last year. [click to continue…]
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The small business rate relief holiday currently being enjoyed by many smaller businesses is now to be extended by another 6 months to April 2013. [click to continue…]
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Further to our recent update in April 2011 on the Enterprise Investment Scheme (EIS), the Government has recently announced further positive changes to the EIS rules, to be included in Finance Bill 2012. The changes will therefore take effect from 1st April 2012. [click to continue…]
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Further to our article in January 2009 on Research & Development (R&D) Tax Credits (previous article), the Government has recently announced further improvements to the R&D tax credits relief that is available to most companies, to be included in the Finance Bill 2012. [click to continue…]
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XBRL (eXtensible Business Reporting Language) was first introduced in 1998. Since then, there have been several versions and upgrades made, leading recently to the now increasingly widely used iXBRL (In-Line eXtensible Business Reporting Language). [click to continue…]
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Building-up a pension fund has historically been viewed as a decent way to hedge against IHT as well as save for your retirement. [click to continue…]
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The Pensions Act 2008 has put into law several far-reaching reforms to the existing pension environment. One of the most important will require employers to automatically enrol [click to continue…]
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As a result of changes in European law, the level of compensation that may be claimed under the Financial Services Compensation Scheme (FSCS) has increased from £50,000 to £85,000. This came into effect in January 2011.
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Redundancy has a special legal meaning: broadly, there must be a reduced need for employees (whether directly or indirectly), which causes the termination of the employment.
In the case of genuine redundancy, whereby an employment is terminated by an unconnected employer, no alternative employment is offered, no misconduct has occurred, the employee has not found another employment, [click to continue…]
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Many of you will have already come across this pre-existing scheme as an effective way of encouraging investment into small businesses in need to capital.
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