In this week’s newsletter, Dragon Argent Tax Advisor, Misha Patel have drawn attention to two tax reporting deadlines which are approaching on July 6th 2022. These are employment related securities reporting and P11D reporting. Learn more.

Are you aware that there are just 3 months left to capitalise on potentially transformative government backed finance? Get funding through accredited RLS lenders. No Personal Guarantees for Loans Below £250k.

Dragon Argent R&D tax specialists provide an end-to-end service that makes claiming R&D tax credits easy for you. The average UK SME R&D claim is worth £32,409* so don't miss out on the chance for a valuable cash injection for your business. How to claim R&D Tax Credits?

Our specialist accountants for startups look at exactly how a directors loan account functions, what it can help a director to achieve and tax planning opportunities. Learn more

Is your business missing out on a potential vital cash injection? Or could you reduce your corporation tax liability freeing up cash to invest in growth? In this week’s newsletter, we'll also provide a recap on the research and development tax credit essentials every business owner should know.

As we enter the tail end of the year, founders and entrepreneurs will be thinking about key objectives for 2022, setting targets and managing their runway. For many, these plans will be reliant on raising new investment. In this week’s newsletter, Dragon Argent are covering a timely reminder of some of the keys to successful raises.

As we approach the end of 2021, its time to start thinking about the budgeting for next year. In this week’s newsletter, Dragon Argent sharing some budgeting best practice that should help you create robust yet flexible budgets to chart business performance heading into 2022.

Do you spend time considering what factors drive the value of a business? Have you had the opportunity to take a step back from your day to day to think about how to build enterprise value? As a valued member of the Dragon Argent community, we would like to invite you to attend our upcoming webinar – Building Valuable Startups.

HMRC estimates that approximately 75% of businesses that could qualify for an R&D tax credit don’t make a claim. If you think your business would qualify and you have eligible costs which you could claim again, use our R&D Tax calculator here to get an estimate of the value of a rebate.

For many startup founders, one of the chief causes for concern is availability of cash – often referred to as runway. Without which they would quickly sink. It’s for this reason that regular, accurate cashflow forecasting is essential – which we are going to take a detailed look at in this week’s newsletter.

The last week of July is the point at which many individuals under self-assessment must make their second payment on account for taxes for the 2020/21 tax year. It therefore feels like an appropriate time to reinforce some personal tax planning best practices,. Learn more.

What do all major decisions taken within a business have in common? They are all influenced by the financial health of the company.

Many new businesses spend the first season of their existence researching and developing a concept or a prototype. If any project on which the company works is seeking to making an advance in the fields of science or technology, the costs of that project may be eligible to provide the company with extra tax relief, through its annual corporation tax return.

There are some accounting risks every startup founder and owner operator should be aware of. These risks can not only impact the ongoing viability of a business but also have a detrimental effect at major events such as investment rounds or exit processes. Robust management accounting is fundamental to the enterprise value of a company and will help mitigate accounting surprises such as those outlined below on an ongoing basis or within due diligence.

Employee Share Incentive Schemes for UK SMEs allows employer to provide shares to an employee free of tax, provided it meets certain conditions. Government-approved share schemes offer tax benefits to both employers and employees and can offer other advantages to businesses. Learn more.

When forming a company and putting in place the required legal documentation that supports your company structure, it is worth thinking about the future funding needs of the business. The majority of startups will at some point seek external investment, with the first round of investment typically being referred to as seed or pre-seed funding.

As part of the forthcoming Finance Bill 2021, HMRC have announced a cap on the amount that a loss-making SME can receive in R&D tax credits to stop abuse of the scheme.