Capital Allowances in pictures

Sometimes it’s easier to follow how a piece of legislation works visually rather than in words so we thought we’d revisit our Capital Allowances infographic.

Manufacturing company benefits from R&D claim

Our R&D specialist has been working with a manufacturing company and has managed to secure them circa £100k to 125k of corporation tax savings each year by making successful R&D Tax Credit claims.

Cycle to work tax benefits

The ‘cycle to work’ initiative has been around for a while as it was introduced by the government back in 1999 but continues to this day.  It’s a useful tax exemption that can motivate employees to get fit by cycling to work.

Our holiday opening hours

It’s not long now till Christmas and we’d like to say a big thank you for your continued support this year. We use the time between Christmas and New Year to ensure that all our team get a proper rest so they can come back fully charged to deal with your tax queries. The Bedrock […]

Christmas and trivial benefits exemption

In the run up to Christmas it’s worth knowing about the trivial benefits exemption rather than the game trivial pursuits! It allows employers to ignore benefits in kind that cost £50 or less for tax purposes, as long as the conditions of the exemption are met. Where the exemption applies the benefit does not need to be reported to HMRC.

Bah humbug – tax and Christmas

Santa may not be happy about it but there are tax implications when it comes to employee Christmas parties and corporate gifts. Read how to stay on the right side of HMRC this festive season.

Joint tenants v tenants in common

When it comes to owning property jointly you can opt for either being either joint tenants or tenants in common. You might be tempted to ask ‘does it really matter’? Well in our opinion it does.

Weighing up LLPs

A limited liability partnership (LLP) is similar to an ordinary partnership in that a number of people or limited companies join together and share the costs, risks, and responsibilities of the business. Here we take a look at the tax implications.

Tax relief on business-related loans

Subject to certain conditions and restrictions, tax relief will generally be available for interest paid on loans to, or overdrafts of, a business in the form of a deductible expense.