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.
Innovation
Although helping companies navigate and claim R&D tax credits is a core service that we provide, the largest and most robust claims leave clues (hint: its in the culture of innovation within the business)
Staff Perks
With the recent COVID pandemic, bicycles have become ever more popular. Not just for keeping fit during lock-down but increasingly as a preferred mode of transport for commuting...
Self Assessment
As part of the range of COVID-19 financial measures, a deferment of the second payment on account for personal tax self assessment payments was announced...
R&D Tax Credits
Staffing cost are a key cost for many companies claiming R&D tax credits. But there can be some pitfalls and traps for the unwary...
Weekly Roundup
Rishi's 'British Bounce Back' Summer Economic Update A bit of a strange one really - I won't go into all of the details as you can access them here [https://www.gov.uk/government/news/rishis-plan-for-jobs-will-help-britain-bounce-back] One notable announcement was a new Coronavirus Jobs
Video Games Tax Relief
Video Games Development companies can benefit from either the Video Games Tax Relief (VGTR) or the R&D tax credit - but the decision which to choose is not quite so straightforward...
R&D Tax Credits
The R&D tax credit scheme is a key driver of innovation funding amongst UK businesses. It is administered by HMRC and is claimed by companies via your company tax return. It is important that you also include the supporting documentation that HMRC expect to see...
R&D Tax Credits
A common problem for R&D tax credit claims is where a director shareholder (who is involved in the R&D work) has structured their remuneration as a low salary and the remainder as dividends.
VAT
The VAT payment deferment holiday has been great for businesses but it all came to an end on 30 June 2020. Don't forget that your next VAT payment might be due sooner than you think...
R&D Tax Credits
This tribunal case highlights useful reminders on the importance of Competent Professionals involvement to support claims - especially for software R&D tax credit claims
SEIS / EIS
Raising funding under the SEIS or EIS can generate significant cash savings for the investors but more can be achieved - if you know how...
R&D Tax Credits
Many company founders mistakenly believe that they are too late to make a claim for R&D tax credits because they have already filed their tax return - this could be a costly mistake...