It's 8:52am on Saturday 28th January, 2012

‘Longer stays’ key to boosting Lancashire’s visitor economy

Encouraging visitors to Lancashire to stay longer has been highlighted as the key to boosting the Red Rose County’s visitor economy.

VAT and property – Opt to tax explained

If you have an interest in property, whether freehold or leasehold, and use it for your own business purposes and do not rent it to others, it is generally unlikely that you will need to consider opting to tax the property. However, if you wish to generate additional income from the property, or dispose of [...]

Posted by
Tony Medcalf
in
Advice for Businesses, Tax
On January 26 2012

How can I claim research and development (R&D) tax relief?

Many companies may be missing out on claiming tax relief for research and development (R&D) activity.  In my blog I set out below the answers to some of the most frequently asked questions about this potentially valuable tax relief. What is R&D tax relief and why does it benefit a company? R&D tax relief is [...]

Posted by
Rachel Marsdin
in
Advice for Businesses, Tax
On January 26 2012

Making mileage of your employees’ travel

Are your employees’ business travel arrangements as cost-effective and tax-effective as they might be?

Posted by
Tony Medcalf
in
Advice for Businesses, Tax
On January 24 2012

Grooming your business for sale (video)

Corporate finance director Stephen Gregson discusses the issue of grooming a business for sale. Tax partner Tony Medcalf and financial planning consultant Laurence Kelly also consider the tax and wealth implications.

Rosebud Micro Loan Fund

Rosebud Micro is a loan fund aimed specifically at small businesses with growth potential. The loans are specifically targeted at new or expanding business operating in Lancashire and loans start from £2000.  The maximum amount available via the scheme is £10,000. Rosebud  are particularly keen to hear from businesses in  key growth sectors of aerospace, [...]

Posted by
Judith Dugdale
in
Advice for Businesses
On January 18 2012

Our economic future

The current economic situation is serious. GDP growth for 2011 has come in at 0.9%. For 2012, predictions for economic growth range from 1.2% (CBI) to 0.5% (OECD), with the Office for Budgetary Responsibility (OBR) predicting 0.7% as its mid-point forecast. This is very weak indeed, and indicates that the economy is more fragile than [...]

Posted by
Philip Whyman
in
Advice for Businesses
On January 16 2012

Business Structures And The Tax Implications (video)

Moore and Smalley’s head of professional practices, Karen Hain, and tax partner, Rachel Marsdin, discuss the most appropiate business structures for your professional business from a tax point of view.