The Seed Enterprise Investment Scheme (SEIS) is a government-backed initiative that supports early-stage businesses in the United Kingdom. The Seed Enterprise Investment Scheme offers generous
The Video Games Expenditure Credit (VGEC) is a new tax incentive introduced by the UK government. It is intended for companies developing video games. It
As a self-employed or a freelancer, you can lower your tax bill by claiming self assessment expenses. These are the costs you pay to run
Since the UK left the EU, importing goods from Europe has become more complex. If you’re bringing goods into the UK from the EU, the
Pre-registration expenses for VAT are a specific set of expenses you can claim within a certain time period of registering your business. There is some
Following the 2021 Budget, HMRC announced significant reforms to the late filing penalty regime for Self-Assessment tax returns. The HMRC penalty regime is designed to target
The Audio-Visual Expenditure Credit (AVEC) is a tax credit for UK film, TV, and animation productions. With Audio-Visual Expenditure Credit, production companies can get money
The Enterprise Investment Scheme (EIS) is a government-backed initiative that encourages people to invest in early-stage UK companies by offering tax relief. The ultimate goal
Creative Takeaways Here’s the official explanation from HMRC: 1. Who has to pay corporation tax? Corporation tax isn’t just for big companies. You’ll need to
Creative Takeaways A simple video explanation is brought to you by HMRC Tax Facts: 1. Why taxes exist? Taxes aren’t just numbers on a payslip.
