#londontaxadvisers

[taxqube]

The UK’s economy is set to benefit from the new relaxation in corporate taxes to allow companies to invest and grow. However, we feel that in a highly competitive environment, R&D should be at the forefront of the government policy. Not only it directly incentivises investment in innovation, it gives the U.K. a friendly image to attract and retain talent. ✅ Corporate taxes to remain at 19% and the planned increase is being abolished. ✅ IR-35 will be repealed, this is great news for our current portfolio. ✅ No additional rate personal tax at 45% Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax #charteredaccountants #payroll (at London, United Kingdom) https://www.instagram.com/p/Ci4rgM3tRUi/?igshid=NGJjMDIxMWI=

[taxqube]

From 6 July 2022, as an employee you will be able to earn more before you start paying National Insurance. This means you may pay less tax, after accounting for the recent Health and Social Care Levy. ✅ If you’re self-employed the amount of profit you can earn before you pay National Insurance contributions is also increasing. ✅ The threshold is set to increase again to £12,570 in July 2022. ✅ The relief is given by HMRC as a reduction in payroll deductions that you will be able to see in your next month’s payslip. Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax #charteredaccountants #payroll (at London, United Kingdom) https://www.instagram.com/p/CfoOWRJtvbJ/?igshid=NGJjMDIxMWI=

[taxqube]

R&D tax credits are government backed but, whether by complexity, length of time or the requirements to claim, are largely ignored by the construction industry. ✅ TaxQube has developed a calculator that can give an estimate of how much your claim could be worth. ✅ A specialist to work with you on an ongoing basis to help discuss and document hidden R&D activities within your company. A completely unbiased approach to the scheme to claim on only the eligible activities. ✅ The relief is given by HMRC as a reduction in your corporation tax or cash benefit by way of surrendering the R&D losses to HMRC. Have a question? Our contact details can be found on our website - www.taxqube.co.uk #londontaxadvisers #taxaccountants #researchanddevelopment #taxcredits #construction #corporationtax #tax (at London, United Kingdom) https://www.instagram.com/p/CfcKSVsteVq/?igshid=NGJjMDIxMWI=