Tax Credits - Is Your Business Losing Out ?
SMEs still losing millions in unclaimed R&D tax credits
UK SMEs are missing out on millions of pounds of tax credits by not claiming for new product research and development costs.
SMEs are failing to maximise their tax efficiency which, in turn,impacts on their ability to finance...
Constantly having more money leaving your business than coming in can be discouraging to say the least. We want to help you when it comes to managing your business cashflow, as it effects everything.
As well as recommendng you have your Online Accounting software in place, we’ve also put together a list of tips and strategies that we know will help your cashflow management
You can access important information about your business at your place of work, at home, in a meeting,basically you can access your accounts anywhere, provided you have an Internet connection.
Todays businesses and customers are always on the move and connected. How great would it be to access the real-time info?
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You will probably be aware that Pension Freedoms were introduced in April 2015 to give investors greater freedom over how they access their retirement funds.
However, in some cases, the new legislation seems to have given investors the impression that they can just go ahead on their own and fully en-cash their plans without considering...
Making Tax Digital (MTD) - Less Than Nine Months to Go
From April 2019 all but the smallest of unincorporated businesses will be required by law to make their VAT returns digitally. As part of MTD businesses will need to keep their underlying records digitally too. For clients on an annual VAT scheme this is already a requirement.
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A Business MOT will help add value to your business
Do you have a business or a self employed job? This may seem a strange question, but it is a fundamental one if you are running your own business. You may be happy being a 'one person entity' in which case that's great. but if you are striving to create a business that has value here are some questions.
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This scheme is available for smaller ‘higher-risk’ trading companies to raise finance.
The Great Benefis of EIS
Income Tax Relief
An investor can receive up to 30% of their investment, up to £1,000,000 per tax year. This is in the form of income tax relief.
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Be prepared , but not scared - Here's our initial GDPR Compliance Guide
There is an awful lot of scaremongering going on at the moment about the new General Data Protection Regulation (GDPR) that comes into affect in May 2018. Whilst we agree that any new law should be respected, at Elevate we take a pragmatic approach.
The British Chamber of Commerce estimates that demand for Cloud Accounting software from the UK SME sector, will grow by 20% each year over the next 5 years.
Confidence in Cloud-based accounting software has also grown, with businesses placing more confidence in this latest digital technology. It's important that you get onboard, so we'll answer some of your questions here.
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Plan for Business Success on Just One Page
According to numerous reports and research, over 1.5 million Small and Medium Size Enterprises (SMEs) in the UK do not have Business Plans.
This raises a number of questions.
How do those businesses measure their progress?
Are they really focused?
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HMRC – Making Tax Digital - Will it ever happen?
As soon as the Prime Minister announced the General Election, it was obvious to most observers that large chunks of Finance Bill 2017 (FB17) would be removed, at least for the time being. This has proved to be the case. 80% of the original bill has been removed. HMRC’s Making Tax Digital is...
You may or may not know that...
HMRC have significantly increased the number of tax investigations they carry out.
Not only that...
HMRC's "breakthrough" computer system, a new, powerful weapon against fraud, tax evasion and avoidance, will ensure that even the most determ...
