Schemes

How Budget Affects Your Small Business

How the 2021 Budget Affects Your Small Business _ A Guide

The government releases the Budget statement yearly to outline the local economy’s status. It also plots out where the money will be spent and forecasts how the economy could perform in the future. Last March 3, 2021, the 2021 Budget was presented by Chancellor Rishi Sunak, and it contained information that will directly impact small …

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tax relief scheme for smes

Understanding the R&D Tax Relief Scheme for SMEs in 2021

The Research and Development Tax Relief or R&D Tax was instituted for the progression of society and technology. This tax credit is available to small and medium enterprises (SMEs) with substantial proof that their business can improve society and advance technology. But with such a responsibility around this credit, SMEs must understand a few things …

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