Bonus or commission? Can you claim R&D tax credits? Could you benefit from claiming capital allowances? What is patent box?
Let's look at the difference in how bonuses and commission are structured.
Despite being on the statute books for over a decade, there are still companies not claiming the hugely valuable research and development (R&D) tax relief.
Ahead of this year end, be sure to review your capital expenditure to maximise claims for capital allowances.
Research & Development tax relief is obtainable at the rate of £2.25 in the £.
No. Only UK companies.
New rules for the treatment of salaried LLP members will take place from 6 April 2014.
In order to claim Research & Development Tax on expenditure your company must have a project which seeks to achieve an advance.