R&D tax credit cap: A further blow for Startups and SME’s
R&D tax credit cap explained So what’s changed? From April 2021, the amount of credit that can be paid to an SME will be capped. The new cap will limit the amount that can be claimed to £20,000 plus three times the company’s “relevant expenditure on workers”. What are relevant expenditure workers? Relevant expenditure workers […]
Why you need to submit annual accounts
If you are registered as a limited company with Companies House, you have a legal requirement to submit your annual company accounts. Failure to submit them late or at all, can result in serious financial consequences.