It seems that nowadays most people are using ‘the cloud’ to improve their digital world. For those of you wondering what that means, ‘cloud computing’ is defined as; the delivery of hosted services over the internet. This includes storage, backup, social media and software services.
Recently Incisive Accountants have become aware of so called ‘technical experts’ taking advantage of businesses in regards to R&D Tax Credits. With this article we hope to clarify R&D Tax Credits, who can claim for them and how we can assist with this process.
The buy-to-let world has been bombarded with change this year with the removal of the 45% relief on mortgage interest costs and removal of the 10% allowance for ‘wear and tear’ on furnished properties being just a few examples.
Until April this year landlords could offset their mortgage costs against their profits by claiming tax relief on their mortgage interest. From April this year the tax relief that residential landlords receive has changed; over the next four years finance costs will be restricted to the basic ra