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Startup of the Week - PROfiltr

by: Startacus Admin ~ 22nd May 2019
In need of an accountant? PROfiltr is a marketplace startup aimed at helping startups and SMEs alike... Whether you’re an early stage startup or you’ve been in operation for quite a while, the fact remains that you will need an accountant. It’s a given. After all, from initial company formation to VAT returns, they provide a service that is essential.Choosing an accountant ...
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Startup of the Week - TaxScouts

by: Startacus Admin ~ 24th April 2019
Tax returns made easy thanks to TaxScouts, the FinTech startup which is shaking up how personal taxes are done in the UK....Ever had to complete a self-assessment tax return? If you have, chances are you’ve put the task off as long as you could and have ended up submitting it at the very last minute or, worse still submitted it late and been hit with fixed penalty as a result. It can be...
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Making Tax Digital marks the end of paper reports

by: Startacus Admin ~ 10th April 2019
The new Making Tax initiative waves goodbye to paper reports once and for all. As it started from the beginning of April 2019 here's a handy overview. Just when we think we've found our stride amidst business meetings various, marketing efforts, managing your staff, and stressing over making ends meet - we get hit with another curveball. As if running your own startup wasn't difficult enough - we...
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Claimer wants to be the app for R&D tax credits

by: Startacus Admin ~ 8th November 2018
Currently in private beta, Claimer wants to be the app for R&D tax credits, helping businesses to easily get money back from their R&D spend and at a fraction of the current cost, with a flat 5% fee.  As a quick explainer, R&D Tax Credits is a UK Government tax initiative designed to help companies to invest in R&D. The UK Gov can obviously do better job at explaini...
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Hammond: UK Might “Go it Alone” on Digital Services Tax

by: Startacus Admin ~ 12th October 2018
A couple of weeks ago, UK Chancellor Philip Hammond chose his Conservative Party Conference speech to suggest that he wouldn’t wait for an international consensus on digital services taxation. Bradley Post, Managing Director of RIFT Tax Refunds, shared all on what this might mean... It was a surprising statement for many, but the dust it’s kicking up has been all-too predict...
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Tips for Making a Successful R&D Tax Credits Claim

by: Startacus Admin ~ 24th April 2018
Many innovative startups and SMEs are under the impression that claiming for research and development tax credits are too difficult or costly to be worth the rewards. In fact, the average R&D tax claim for London SMEs for example is £81,000, so it’s always worth finding out if you can claim. EmpowerRD, backed by Forward Partners, has been disrupting the R&D tax credit space si...
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Starting Out in Self Assessment

by: Startacus Admin ~ 16th April 2018
Starting out in the UK & considering trading as a sole trader? Here's some current sole trader & self assessment info you'll need to know, care of Bradley Post, Managing Director of Rift Tax Refunds. I'm setting up a business. Am I better off as a Sole Trader or a Limited Company? The first steps are the most important when you're setting out in a new business. A big part of ge...
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Self Assessment Tax Return Checklist

by: Startacus Admin ~ 22nd November 2017
Completing a self-assessment tax return can be tedious at best for freelancers and entrepreneurs. With the deadline of 31st January quickly approaching, it’s time to start preparing to complete your return. Alexander & Co have put together this handy guide to make your tax return as quick and stress-free as possible. Read on to find out more.   Do you actually need to complete a s...
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Four things you need to know about Making Tax Digital

by: Startacus Admin ~ 20th June 2017
Making Tax Digital (MTD) is set to bring about the biggest change to the UK’s tax system for a generation, with online tax submissions soon to be the only option for the majority of self-employed taxpayers and paper tax returns likely to become a thing of the past. So what does MTD and the new era of digital tax mean for you and your small business? Here are four things you need to know care...
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Forum of Private Business offers up 10 point wish list to the next UK Government

by: Startacus Admin ~ 1st June 2017
The Forum of Private Business is encouraging the next UK government to create conditions for an increase in business performance and productivity both in UK trading and exporting overseas. “A one percent increase in productivity achieved across the UK macro economy would add almost £20 billion to our national output. It would also reduce the annual government deficit by around £...
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