Are you missing out on a tax-free payment from the government? R&D tax credits allow you to offset the cost of R&D activity against your tax bill and also receive a cash lump sum on top. If your business is eligible, you could receive a payment from HMRC within 28 days of making a claim.
Archives for May 2020
Self-employment Income Support Scheme – check if you can claim a grant
Back in April, the government announced financial support for the self-employed in the form of free, taxable grants to be paid in June. It is now time to check whether you are eligible to make a claim when applications for the Self-employment Income Support Scheme open from 13 May.
The Coronavirus Bounce Back Loan Scheme
The latest of the government’s financial support initiatives is set to launch next Monday 4 May. The Coronavirus Bounce Back Loan Scheme will help small and medium-sized businesses to apply for loans of up to £50,000.