The R&D Tax credits scheme is a fantastic government incentive for supporting innovation in the UK. Particularly, as we continue to face ongoing uncertainties to the economy with the current pandemic and leaving the EU, R&D tax credits is another source of funding that companies need now more than ever. As awareness of this generous s....Read More
Following the extension to allow Landlords, who will be leasing plant and machinery, to claim the new Super-deduction, we thought it worth talking about LONG FUNDING LEASES (LFL), which can also mean a lessor is precluded from claiming capital allowances.Where a long funding lease is in place, the capital allowanc....Read More
There's nothing quite like doing a technical service for a client and getting the best possible results for them ... much to their surprise and satisfaction!That is what we do at Zeal Tax, specifically in this example, in the Tax Fee Protection Insurance arena. In short, we review schemes and provide a benefit / cover comparison to the whole market....Read More
Understanding the impact of 'connected party' subcontractors & externally provided workers on SME's..
Effectively, claiming for Research & Development (R&D) tax relief can be a harrowing ordeal for business owners across the nation. Countless continue to place their full faith in their R&D tax specialist, such as Catax, to maximise this generous benefit. Therefore, it is of the utmost we make good on our promise without fear or fav....Read More
How you can get more bang for your R&D from your software development activities.Defining software development is one of the most nuanced areas in R&D. As set out by the UK Government, the projects need to “seek an advance in computer science or information technology” and aim “to overcome technical uncertainties”. Whilst this may imply....Read More