Search results for year end

55 articles found

• R&D Intensive SMEs

  From April 2023, the payable tax credit rate for SMEs is reducing from 14.5% to 10%. When combined with the enhancement rate decreasing from 130% to 86%, this is a huge reduction in the cash tax

• What happens when an employee exercises their options?

  When an employee chooses to exercise their options, they must inform the company in writing and pay the exercise price as stated on their option agreement. Shares are then issued at Companies House

• Eligibility criteria for EMI

  What types of companies can run an EMI scheme? There are strict qualification criteria for EMI schemes, which must apply on the date the options are granted to an employee. The scheme must have been

• How are unapproved options taxed?

  Under an unapproved option scheme, employees, or contractors, can be granted options that allow them to purchase shares in the future at an exercise price set today. Quite often, we see unapproved

• Guidance for Software Development companies

  With R&D Tax Relief in HMRC’s field of focus, now more than ever, it is key that companies understand what exactly is claimable. Software is especially complicated due to the fast-paced nature of the