Q: I’m interested in investing in a startup and I’ve heard about the Seed Enterprise Investment Scheme. I’m considering investing £30,000 in a company that qualifies this tax year. What tax relief can I expect? A: You’re right in identifying that… Read more
Q: What is the Patent Box regime and what are the benefits for businesses in the 2024/25 tax year? A: The Patent Box regime allows UK companies to pay a reduced corporation tax rate on profits earned from patented inventions. In… Read more
Q: I’m a business owner. I’ve recently purchased new equipment for my business costing £74,000. Specifically, could you explain how the Annual Investment Allowance (AIA) works for the 2024/25 tax year and how I can claim it for these purchases?… Read more
Q: I’ve started a new job quite recently with a hybrid working arrangement. I work from home 3 or 4 days per week, so that is my main place of work. However, I do have a significant journey – it… Read more
Q: I’m a property owner, and I’m considering renting one of my houses out for people to use for vacations. What are the tax rules I need to understand? A: It‘s a timely question, and unfortunately for you, there was a… Read more
