The Patent Box is a Government funded scheme that enables companies to apply a lower rate of Corporation Tax to profits earned from its patented inventions. This lower rate is 10% and applies to profits earned after 1 April 2013.…

In the modern business world laws seem to be passed and amended with frightening speed and regularity. So spare a thought for 2 of the oldest pieces of English legislation, concerning debt collection, which are soon to be repealed as…

Changes mentioned in the 2014 Autumn Statement regarding stamp duty, the tax you pay when buying a house, are now in place. Instead of paying a single rate of tax on the entire price of the property, it is now…

Companies based in a single property with a rateable value of less than £18,000 may be eligible for a business rates refund, which can be backdated to April 2010. Despite this over 90% of local authorities in England are failing…

If your business sells e-books, e-courses, recorded training videos, music and audio downloads to customers in EU countries, a new EU VAT regulation coming into effect on 1 January 2015 will have implications for your business. The new rules were…

Your company brand could be very valuable and may be worth protecting. Your brand includes names, symbols, strap lines, logos and packaging and failure to protect it could mean that any other company could gain from your hard work, effort…

If your business employs commercial drivers, a change in the law that came into force from 10 September 2014 will affect how you operate. All professional drivers, eg lorry, bus and coach drivers, must pass the Drivers Certificate of Professional…

Every business owner will have to provide references at some stage, and it will normally occur when a member of staff has left and their new employer asks you as their previous employer. It all sounds petty easy but several…

The video game tax relief legislation, which came into force officially on 1 April 2014 can now be used by British companies developing video games, to claim tax relief of up to 25% on their production costs. http://www.accountingweb.co.uk/article/video-game-tax-relief-comes-force/563088