Posts Tagged: R&D

Changes to Annual Investment Allowance

Find out how Annual Investment Allowance (AIA) is changing from 31st December 2020.     AIA lets you deduct 100% of qualifying expenditure from your tax bill. It has been capped at £1,000,000 for the years 2019 and 2020. However, from 31st December 2020 the cap is being lowered to its previous level of £200,000.  … Read more »

New Credit Note Rules

New rules for credit notes came into effect in September 2019.     You are more likely to reduce the price of goods than increase them, for example if the goods are faulty. Credit notes can reduce the VAT accounted for on the original invoice. Since 1st September 2019 you can only reduce the output… Read more »

Get Tax Back for R & D

How much are you missing out on? All the effort you put into researching what you do and how to do it better, all the development you’ve done to get you this far… may qualify for valuable Tax Credits. Are you missing out? How much further can you take your business when you can afford… Read more »