Tax breaks for growing businesses including capital allowances and share schemes

Course outline

Many businesses are still struggling to recover following the COVID-19 pandemic and the cost of living crisis has slowed the economy.   Businesses will need to take advantage of the available tax breaks to help them grow.  This course will provide a broad understanding of the various tax reliefs available to growing businesses.

As well as a good business idea successful businesses will need equipment, be able to attract and retain good people, and a source of finance to help them expand. There are generous tax breaks that can help with this crucial growth and recovery phase.

Who should attend

Partners and professional staff, with either advisory or tax compliance responsibilities, who have clients looking to grow their business and take advantage of the tax breaks available. The course would also be beneficial to those working as accountants in businesses looking to expand.

Provisional Course content 

• Maximising tax relief for capital expenditure
• Tax relief for goodwill and intangibles
• An overview of research and development tax relief
• An overview of the “patent box” which provides a lower rate of tax on patent income
• Tax efficient sources of finance, including EIS and Seed EIS
• Attracting and retaining key staff using EMI and other share schemes