The Best Time for Startups to Hire Accountants is Day 1. The Next Best Time is Right Nowby@Howlader & co.

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

by [email protected]5mJune 3rd, 2020
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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.

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