Seeking investment: Getting your business fit for investment
It all starts with ‘cash-flow’. Review (regularly) what’s coming in, what’s going out in order to optimise your cash position, particularly in a growing businesses where spend can quickly spiral out of control, unless monitored closely. You need t...
Selling my business: Getting your business fit for sale
It is never too early to start planning for your exit. Early planning and seeking the advice of specialists can improve the efficiency of the sale process, make your business as attractive a proposition as possible and, ultimately, lead to a highe...
R&D vs Innovation
R&D plays a crucial role in advancing various academic and industrial fields. In essence, the definition of R&D is very broad where several activities and functions fall under the umbrella of R&D, this includes, scientific research, technology dev...
The R&D timeline vs project boundaries
To enable R&D professionals to be further educated on HMRC's guidance around R&D tax reliefs, Wilson Partners produced the Learn R&D series. We believe that spreading awareness of HMRC'S BEIS guidelines can help R&D professional sustain innovat...
What is R&D?
To enable R&D professionals to be further educated on HMRC's guidance around R&D tax reliefs, Wilson Partners produced the Learn R&D series. We believe that spreading awareness of HMRC'S BEIS guidelines can help R&D professional sustain innovat...
Annual R&D stats have been released by HMRC
The stats also highlight the number of SME’s claiming under RDEC for subcontracted or subsidised work and who will likely lose their claims under the proposed merged scheme. The legislation for the merged scheme as currently drafted follows the ex...
Is it time to slow down the changes to R&D claims rules?
We support ATT’s proposals, particularly the need to slow the rate of change down for businesses. HMRC have recently shared that half of all R&D claims they received in the last month were submitted without the new additional information form (man...
Your inevitable conversation about artificial intelligence: Making it work
AI has been hogging the tech headlines for some time now, and it’s easy to get lost somewhere between the real innovation and the hyperbole. You may have seen some spectacular, mind bending artwork or a simple tool that aims to make life easier.
Changes to R&D tax reliefs announced April 2023
It seems that R&D has been a bit of a rollercoaster ride over the past year or so, but one thing is for certain – in a bid to rid themselves of spurious claims HMRC is making it increasingly complex to submit a successful claim. In the following a...
How to stay on the good side of HMRC when claiming R&D tax relief and avoid penalties
It’s estimated that during 2020/21, over £400m was wrongly claimed by UK companies. As a result, HMRC has hired 100 additional staff to focus on R&D tax relief claims to try and reduce the scale of error and fraud in claims.
How electric company cars can save you and your employees a significant amount of money
It’s no secret that significant benefits, grants and reliefs are available to businesses and individuals when taking advantage of sustainable and renewable choices.
The benefits of benchmarking for SaaS businesses
Attracting investment into SaaS businesses, transitioning business models in SaaS and investing into SaaS business is something Wilson Partners has been working on enthusiastically with clients and management teams over the last few years.
Energy Entrepreneurs Fund to unlock the UK’s massive potential as an innovation nation
With net zero targets being a key objective in a greener future, British businesses are able to receive a sizeable boost thanks to recently announced government funding.
Why biotechs have a huge role to play in the UK economy
If you know anyone who regularly trades, it’s likely that they’re aware of biotech and therapeutics stocks. During the last twelve months, they’ve been some of the strongest performing categories on the market...
Investing in Software as a Service (“SaaS”)
In this blog, Dan James is discussing attracting investment, transitioning your business model from traditional consultancy to SaaS and investing in SaaS business.
R&D Tax Relief (SME)
89% of R&D tax relief claims in 2019-20 were made by SME’s (ref: HMRC) so it is definitely worth investigating your eligibility.
R&D Expenditure Credit (RDEC)
RDEC and SME R&D tax credits are both UK Government R&D tax credit incentive schemes. They vary in criteria and eligibility, but both are worth investigating to see how they benefit your company.
Remote Auditing: Fact or Fiction?
Hybrid and a fully remote audit is feasible...and definitely not a myth.
Is diversification your route to continued success?
With many small businesses experiencing uncertainty, not to mention financial difficulties, many are looking at how they can adapt their […]
7 pillars of success part 6 – Finance and Legal, interview with Duncan Bye
For part 6 of our ‘7 pillars of success’ series, we’re talking to our very own Duncan Bye. ‘Dunc’ is […]
Avoid relaxing your IT Security to enable working from home during the COVID-19 crisis
In mid-March, a frantic scramble ensued to equip office-based workforces in so many different businesses with the ability to work from home, as it was either this or no business at all. Everything happened in a blur, and accordingly many processe...
7 Pillars of Business Success, Part 4 – Technology
Every market is now a technology market. For some that simply means using technology to do the same things faster […]
4 New Year’s resolutions you need to make for your businesses, to give you more time, more money, more knowledge and stay motivated
he Government offers tax reliefs to reward UK businesses investing in innovation, known as Research and Development (R&D) tax reliefs. These can have a huge and valuable impact on small and large businesses.
5 reasons why Making Tax Digital (MTD) is a positive move for business
Nobody likes being told what to do, not least by the tax man, but Making tax digital (MTD) is happening (in April 2019 for most businesses) and save for a few exemptions, your business will have to do it.
The 7 pillars of business success that ensure you achieve your ambitions
As an owner manager, it’s not rocket science that to achieve your ambitions you need to have a vision and a clear and well articulated plan of how you’re going to get there. You’ll face many challenges along the way and you’ll need to possess ment...
Four Ways Firms can Make the Most out of Their Accountant
Our latest blog focuses on four key ways that businesses can get the most out of their accountants, to ensure they are maximising their resources to the fullest.
Why is Outsourcing Accounting Becoming More Common in the Financial Services Sector?
Outsourced accounting is nothing new. Companies in the know have been outsourcing their finance function to expert firms for decades. […]
Finding the Marginal Gains in your talent
It is common knowledge that engaged employees are more likely to perform better and improve business success. But it is important to remember that engagement is an outcome emanating from a variety of inputs.
What is Making Tax Digital and how will it affect your business?
The Making Tax Digital (MTD) initiative was first announced by the Government in the Spring 2015 Budget and is yet […]
What should you expect from your Accountant in the Cloud era
The world of accounting has changed significantly over the past few years. Today’s accountants have more tools than ever at their disposal.
Does your business need a VCFO?
You’ve no doubt come across the title of CFO (Chief Financial Officer), but you may not be familiar with a VCFO. A VCFO is a Virtual Chief Financial Officer.