Tax perk crackdown for wealthy investors predicted

Popular investment schemes, including Enterprise Investment Schemes (EIS), which benefit wealthy investors by offering generous tax breaks, could be subject to new restrictions. Industry sources claim HM Treasury is becoming more aware that some claims are being exploited in attempts to avoid tax. EIS currently permits and encourages people to invest in start-up businesses, by […]

Rise in number of businesses claiming R&D tax credits

New statistics from HM Revenue & Customs (HMRC) suggest that an ever-increasing number of UK small and medium-sized enterprises (SMEs) are taking advantage of Research and Development (R&D) tax credits. According to the tax authority’s data, the total number of claims for R&D tax credits soared to 26,255 during the 2015/16 financial year – indicative […]

SME health hits 18-month high

A new business tracker suggests that UK small and medium-sized enterprises (SMEs) performed at their highest level in 18 months during the second quarter (Q2) of 2017. The news follows the publication of the Centre for Economic and Business Research’s (CEBR) latest SME Health Check Index, which found that, in Q2, UK SMEs had ‘improved’ […]

Digital technology key to winning customers’ loyalty, study finds

Brands risk almost half of their customer base if they fail to tailor their experience using new technology, a new study has revealed. The research, published by Adobe and Goldsmiths University, also found that 61 per cent of consumers admit they would “happily” buy products from an unknown brand that provided a superior client experience. […]