The Best Time for Startups to Hire Accountants is Day 1. The Next Best Time is Right Now

Written by Howlader & co. | Published 2020/06/03
Tech Story Tags: accounting | startups | finance | startup-lessons | startup-advice | startups-top-story | good-company | tax-management-as-a-startup

TLDR DIY accounting can be risky, as any errors in these financial areas could prove costly. An accountant will prepare your tax return to save you having to do this yourself. Research and Development (R&D) relief is available to all UK tech start-ups. Since 1st April 2015, the acceptable tax relief on R&D costs for small to medium sized companies is 230%. For every £2,000 of qualifying expenditures, your revenue that’s eligible for corporation tax to be lowered by £2.600.via the TL;DR App
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Published by HackerNoon on 2020/06/03
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