Top tips for being a successful business owner amid financial challenges
Posted on August 3, 2023 Posted in - BlogRunning a successful business in the UK is a challenging yet rewarding endeavour.
Running a successful business in the UK is a challenging yet rewarding endeavour.
Starting your own business can seem daunting, especially when it comes to finding funding.
Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted more than a year, this is clearly a widespread issue.
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.