Newsletter
New Era for R&D Claims from 8 August 2023
Weekly newsletter in which we cover changes to the R&D tax credit claim submission process using the new Additional Information Form. Plus other updates
Steve Livingston
Steve Livingston LLB FCA is the Founder of IP Tax Solutions. Having trained at Big 4 firm, KPMG, and progressed to Senior Manager, he was appointed as a Partner at a mid-tier global firm.
SEIS / EIS
New SEIS Limits Fully Approved
The wait is over and the new SEIS limits announced to have effect from 6 April 2023 have now received Royal Assent and become law - great news for founders and investors!
Staff Perks
Enterprise Management Incentive (EMI) Changes: Need to Know
EMI changes have been introduced to eliminate some administrative burdens and clarify the process
SEIS / EIS
UK Tax Schemes Propel Investments in Innovative Startups and Social Enterprises
HMRC has released its latest statistics on the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Social Investment Tax Relief (SITR) government tax incentives
R&D Tax Credits
R&D Tax Credits in Crisis - The State of R&D Tax Credit Relief in the UK: Challenges & Opportunities
Here in this video we cover the R&D tax relief and its current status as HMRC ramps up formal enquiries and challenges.
SEIS / EIS
SEIS: Navigating the Practical Issues of New Limits Not Becoming Law Until July 2023
Here we cover some practical issues in dealing with the new rules under the Seed Enterprise Investment Scheme (SEIS) that should have effect from 6 April 2023 (but that don't become law until July 2023...)
R&D Tax Credits
R&D Tax Credit Claims for Software Development Companies Under Attack from HMRC
We are currently witnessing a sea-change in HMRC's approach to reviewing and processing R&D tax credit claims, with software development companies in particular being subject to HMRC enquiry.
R&D Tax Credits
R&D Tax Credits - Summary of New Rules from 1 April 2023 Onwards
With so much change happening in the field of R&D tax credits relief, we have put together a useful summary timeline of changes and new rules that are currently on the horizon
Company Tax
130% Super Deduction Set to Run Out on 31 March 2023
This generous temporary capital allowance aimed at expenditure on computers, furniture, plant, machinery, vans etc is set to run out after 31 March 2023.
Strategy
Survival Tips for Start-Ups & Early Stage Fast Growth Companies
Sage advice from seasoned VC, Michael Jackson: Here's Tom Loverro's thread (referenced above): Here's a link to the full thread: https://twitter.com/tomloverro/status/1620466827519496194
Personal Tax
Tax Planning to Reduce Your Personal Tax Bill (from April 2023)
The tax burden is about to get a lot worse for director / shareholders from 5 April 2023 onwards, so here we share some proactive tax planning ideas
Personal Tax
Don't pay your personal tax bill out of your company bank account
Don't be tempted to settle your personal tax self assessment bill due to HMRC from your own company's bank account.