Archive
Updates from the Clayton & Brewill team.
Budget brings good news for savers
Major changes to ISAs and a reduction to zero of the 10 pence starting rate of tax for savings are just two of the initiatives announced in the Budget to reward UK savers. Doug Perry of Nottingham and Long Eaton chartered accountants Clayton & Brewill, explains the changes. Help for lower income savers From 6 April,… View Article
Budget boost for R&D tax credits
Since our recent blog post encouraging SMEs to consider applying for R&D tax credits, the Chancellor has announced an increase in the rate of R&D tax credit payable to loss-making SMEs from 11% to 14.5%. This means that a business spending £100,000 on research and development activity will be able to recover £32,625 from HMRC. This change… View Article
Make sure you claim your Employment Allowance
From 6th April 2014 most employers will be entitled to claim up to £2,000 against their National Insurance contributions. Chloe Hughes of Nottingham and Long Eaton chartered accountants Clayton & Brewill explains more. Known as the Employment Allowance, this latest initiative from HMRC is aimed firmly at small businesses, with 90 percent of the… View Article