Capital Gains Tax (CGT) is often a misunderstood topic. It is an important tax to be aware of, as it affects both individuals and businesses...Read More
What is a partnership model? In short, a culture of cooperation wherein all members of the team are truly invested in the success of the business. We believe that all businesses should cultivate a ‘partnership ethos’. Find out what it means to have a partnership business structure and how it differs from a Limited company.
To encourage investment in UK businesses, the government has introduced generous tax relief schemes for investors. The conditions required to qualify for tax relief and the way in which it is given vary. Therefore, it’s best to speak to one of our specialists if you are interested but we have also prepared a short fact sheet with more details.
Research & development TAX RELIEF
If your business is developing new products, processes, materials or services then it is likely that you will be able to claim UK research and development (R&D) tax relief. R&D tax relief is a government scheme which rewards businesses that invest in innovation and are pushing scientific and technological boundaries.
With a group business structure, you are able to consolidate multiple entities under one ‘holding company’, thereby protecting your valuable business assets by separating trade and property ownership. This can be a great way of protecting your company from unexpected and possibly invalid bills and/or claims.
This relief was introduced to incentivise further investment to support creativity in the UK. To support the creative industry in creating more culturally relevant exhibitions, film, theatre productions, TV programmes and games, the UK tax system has creative sector tax reliefs. For each creative sector, the conditions required to qualify to vary.
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At Optimal Compliance, we support businesses and innovation. We help businesses plan their structures smartly and painlessly. How does it look? We specialise in partnership models, group structures, and cash flow support such as EIS, SEIS and other investment reliefs as well as R&D tax relief. Get in touch with us to see what we can do for your business.
For most companies, growing bigger means working with bigger clients. For us, the opposite is true. We’ve handled the big clients. Now, we’re turning our attention to the small business market. Our goal is to level the playing field by helping SMEs benefit from the level of support normally available only to the largest businesses.