Understanding R&D tax credits for developers

Understanding R&D tax credits for developers

Businesses working on cutting-edge products or processes can be eligible for corporation tax relief in the form of research and development (R&D) credits. These were launched by the UK government in 2000 to encourage the emergence of the next Dyson or ARM,...
Bookkeeping for Small Business

Bookkeeping for Small Business

Bookkeeping isn’t exactly known for its glamour. Indeed, many accountants see it as low value work; some even see it as being beneath them – but the number of business owners that get this wrong, having not been given proper training, never ceases to amaze me....
Business expenses for photographers

Business expenses for photographers

Whether you operate your photography business as a sole trader or through a limited company, it’s important to make sure you’re claiming all the tax relief on business expenses you’re entitled to. The rules can seem complicated, especially for things...
Cashflow for photographers

Cashflow for photographers

Photography, more so than many other businesses, can have real peaks and troughs in the flow of work. For wedding photographers, for example, summer is usually hectic with more clients than can be handled, while winter can be a dead zone. Those who depend on pitching...