This special presentation by Corporate Tax Partner, Mustafa Rafik, is aimed at entrepreneurs and businesses looking to grow and prosper and will cover a number of topics which are typical for businesses during their cycle of growth, particularly:
- Commencement of trade
- Growth and success
Topics covered will include:
Research and Development (R&D) Tax Credits
It is often commented that this is an underclaimed relief. We will cover the types of projects that will qualify. We will also provide an overview of the process, allowable costs, record keeping and how this is presented to HM Revenue & Customs.
Enterprise Management Incentives (EMI)
An Enterprise Management Incentive scheme is an approved employee share scheme that is available to most trading companies. This allows employers to grant share options to key employee's tax efficiently to reward them for their efforts where cash may be tight to pay bonuses. Now is a key time to consider these as valuations may be suppressed due to the current climate.
Forming a holding company to reduce this risk is a potential solution to best protect your surplus assets from creditors and protect the wealth generated in the trading business. Using holding and operating companies is an asset protection planning strategy that helps to limit liability risks in your business structure and we will discuss where this may benefit your business.