Corporate Venturing Scheme
The Corporate Venturing Scheme (CVS) is a tax relief scheme for companies investing a minority stake in other companies. It is similar to the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) scheme for private individuals.
This is a simple overview of the main rules of the Corporate Venturing Scheme. Consult HMRC or your accountant for more details. 
Research & development tax credits for small businesses
4,500 small businesses are claiming research and development tax credits each year according to an HMRC guide on R&D tax credits for small businesses.
Qualifying R&D expenditure helps reduce a company’s corporation tax bill but with such a small number of companies participating, either the scheme is unknown or there are not many innovative small companies in the UK.
Following is a brief overview of the R&D tax credit system. Ask your accountant for more details to see if your company can benefit.
Tax on Business Entertainment
Tax rules can be confusing when dealing with business entertaining expenses. Below are examples of the three main types of business entertainment and their tax implications.
The three types are client entertaining, staff entertaining and subsistence.
Salary Sacrifice – The Smart Pension Scheme
The Smart Pension Scheme is a salary sacrifice scheme that provides an option for companies to save cash and increase the takehome pay or pension contributions made to employees.
In a difficult economic climate, companies are looking at ways to cut costs and reduce overheads. We have recently seen retailers such as Woolworths and Adams go to the wall, victims of the global economic recession. In light of this, salary sacrifice schemes are likely to become increasingly popular.