Little things, like in this case putting a ‘hot food’ sign near a product that is potentially not intended to be served hot, can make a difference! Businesses should regularly review their tax position and seek advice, as appropriate.
'Charities may unwittingly end up paying tax if they carry out trading activities'
The Patent Box is an important tax relief designed to encourage companies to develop and commercialise patents and other qualifying intellectual property (IP) within the UK.
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Angela is a Accounts Manager,
