Research and Development Credits – Good News for SMEs

My reaction when company due diligence of a takeover target uncovers the application of R&D tax credits by the target, is typically one of wondering what is going to happen next and how big an issue it is going to be. All too often I see the news met by the knowing and weary shaking of accountancy and tax heads, …

When does an Engagement become an Employment for Tax Purposes?

We often get questions from clients about how they can protect their consultancy business from being made subject to IR35 Rules in relation to particular engagements. There are some general factors, which will always help the decision come down against a company being treated as a “personal services company” for tax purposes. These include factors such as: (a) being able …