Cryptocurrencies are building themselves a niche within the accounting world. A growing number of traders now seek the help of accountants for crypto tax calculations and record-keeping. But the quest…

As reported by the Financial Times, hospitality firms and organisations in the UK have again urged the Government to permanently lower value-added tax (VAT) and business rates.  It comes in the wake …

Chancellor Rishi Sunack announced there will be £1bn support for UK businesses affected by the Omicron variant of Covid. The support consists of one-off grants, statutory sick pay, and further fundin…

Urgent notice for Plymouth businesses! The deadline for applying for a Plymouth workplace travel grant is the 31st of January 2022. After events such as COP26, the UK’s priority is to move towar…

A London company recently took HMRC to the tribunal regarding a denied R&D SME Scheme tax credit claim. Here is their success story. Having a Research and Development (R&D) tax credit claim de…

It will not be a surprise to very many of our readers to read that the task of complying with tax responsibilities can be an arduous and angst-inducing one for great numbers of small businesses.  It …

More than a few clients of our tax compliance services at TS Partners are likely to be doing the sums right now on what their obligations to the Treasury will be in the months and years immediately ah…

With HMRC cracking down on taxing cryptocurrencies, it’s time to discover the tools that will make life easier for you when declaring crypto tax. Crypto taxes are taxed depending on the level of…

Choosing a suitable government R&D tax credit scheme can be a minefield. TS Partners is here to clear up the differences between SME and RDEC. The main difference between both schemes is the size …

With our eyes set ahead to next year, your business has plenty of opportunities to invest in research and development.  Covid-19 has proven that the world can change in an instant, and it’s the…

Much of the conversation around the UK economy lately has focused on how businesses are mounting a recovery from the worst of the COVID-19 pandemic, at the same time as being buffeted by rising costs.…

Cryptocurrencies are becoming more and more popular. However, many crypto traders are unsure how HMRC taxes cryptocurrencies. As cryptos rise in popularity, more people begin to trade and use these di…

Many companies and businesses believe that you can only claim tax credits for successful R&D projects. We’re here to tell you they’re wrong. Throughout history, scientists and inventor…

A surprisingly high number of entrepreneurs in the food industry are unaware that they can claim R&D tax credit reliefs. Meaning they are missing out on millions of pounds in tax relief. The Food …

Making a Research and Development tax claim can be a complicated process. But it doesn’t have to be. TS Partners want to help you maximise your R&D claim with top insider tips. These claims take…

While it is not exactly news that the COVID-19 pandemic has accelerated a wide range of impacts on businesses and our day-to-day lives, a recent report from the Financial Times on the apparent relatio…

On Wednesday 27 October, Chancellor of the Exchequer Rishi Sunak presented his autumn Budget, which outlined the UK Government’s tax and spending plans for the year ahead.  However, while Mr Sunak …

Wednesday 27 October will see the announcement of 2021’s second Budget, alongside a spending review, by Chancellor of the Exchequer Rishi Sunak. Some important developments have already been announc…