Search results for year end

68 articles found

  • What is the difference between SEIS and EIS?

    📘 Overview This article explains the key differences between the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS). Both schemes are designed to help early-stage

  • Will the investor qualify for the scheme?

    📘 Overview This article explains when an investor is considered connected to a company for the purposes of SEIS and EIS. If an investor is connected, they are not eligible for Income Tax relief

  • R&D Guidelines - in our words

    The DSIT guidelines are critical when it comes to qualifying projects for R&D tax purposes, but they are not the easiest thing to read. To make your life easier, we have gone through the guidelines

  • Restricted Shares & S431 Elections

    This guide explains what restricted securities are, when income tax charges can arise after shares are acquired, and how a section 431 election can help prevent unexpected tax charges later on.

  • What can I spend the investment on?

    📘 Overview This article explains how your company must use funds raised under the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS). These schemes offer valuable tax

  • What happens when an employee exercises their options?

    📘 Overview When you exercise your share options, you are choosing to buy shares in the company at the exercise price set out in your option agreement. To do this you must notify the company in

  • Understanding SEIS

    📘 Overview The Seed Enterprise Investment Scheme (SEIS) is designed to help early-stage companies raise equity investment by offering generous tax reliefs, including 50% income tax relief for

  • Which events can disqualify EMI options?

    📘 Overview Certain events can cause an Enterprise Management Incentive (EMI) option to become disqualified. In many cases, you can preserve most of the tax advantages if the option is exercised

  • Purchases made before VAT registration

    Overview 📘 When a business registers for VAT, it can reclaim VAT paid on certain goods and services purchased before registration. HMRC allows this to ensure businesses are not disadvantaged for

  • Step-by-Step Guide on Completing the Advance Assurance Form

    📘 Overview If your company is planning to raise investment under SEIS or EIS, you can apply for advance assurance online through HMRC’s portal. Advance assurance is a way to confirm that your

  • Does my company qualify for the scheme?

    📘Overview This guide explains how to determine whether your company meets the eligibility criteria for the Seed Enterprise Investment Scheme (SEIS) or the Enterprise Investment Scheme (EIS). Both

  • Does 'financial health' matter?

    📘 Overview This article explains when a company is treated as in financial difficulty for the purposes of the Enterprise Investment Scheme (EIS). It covers the formal definition, how HMRC interpret

  • Capitalising development costs

    Overview Under UK GAAP (FRS 102), companies have the option - subject to meeting specific criteria - to capitalise development costs as an intangible asset instead of expensing them immediately

  • Leasing a car

    Overview 🚘 As a business owner, you can lease a car through your company or privately. The right option depends on how the car will be used, its CO₂ emissions, and your personal tax position.

  • Reasons to choose an EMI scheme

    📘 Overview An Enterprise Management Incentive (EMI) share option scheme is one of the most effective ways for growing companies to reward and retain key employees. It allows team members to share in

  • Termination Payments

    Overview 📘 When an employee leaves, they may receive several different payments as part of their final pay or a settlement agreement. Each payment must be considered separately. Some payments are

  • What is an EMI share option scheme?

    📘 Overview An EMI share option scheme gives selected employees the right to buy shares in the company at a set price in the future. These shares are often worth significantly more by the time

  • R&D Tax Relief Advance Assurance

    HMRC Targeted Advance Assurance for R&D Tax Relief 🔬 Overview 📘 HMRC has launched a targeted Advance Assurance pilot for small and medium-sized companies making R&D tax relief claims. The aim is to