As a UK business owner, you will be well aware of the variety of taxes you need to pay. However, depending on the criteria of your business you might also be eligible for certain tax relief or assistance with business property rates.
The UK government’s Business is Great website is a fantastic resource for business support and advice, and their section on tax relief and incentives may bring attention to some methods that can have a really positive impact on our customers.
Some of the reliefs and incentives include:
- Business rates relief
- Enterprise zones
- Tax reliefs for the creative industries
- Research and development tax credits
- Seed Enterprise Investment Scheme
Earlier this year, Clear Books also produced an infographic on the Enterprise Investment Scheme, a series of UK tax reliefs designed to encourage investments in small unquoted companies carrying on a qualifying trade in the United Kingdom.