Being a limited company means that your business assets belong to the company and any money going in and out of your business must be accounted for. There are several ways in which you can withdraw money (Salary, Dividends, Director’s Loans, and Expenses) but by being savvy with your spending and planning wisely there are […]
Tag: R&D Tax Credits
What are Research & Development tax credits and can you claim them?
The government’s Research & Development Tax Credit incentive is designed to encourage innovation in UK businesses. Perhaps you’ve never heard of them before. Or maybe you have heard of Research & Development (R&D) tax credits but not really understood what they are or if they apply to your business. In this article, Chorus Accounting MD […]