Navigating shareholder exits: Company share repurchase

When a shareholder wishes to exit or reduce their involvement in a private company, it may not be possible to find a buyer for the shares. The other shareholders may not want to buy out the exiting shareholder or it may not be feasible for them to do so. One way to navigate this situation … Read more

Tips for saving for your tax bills

As an accountancy practice committed to supporting our clients, we understand the importance of effectively managing corporation tax, VAT, and personal tax liabilities in the UK. Here are some streamlined tips to help you navigate these obligations: Educate yourself on tax obligations: Understanding the basics of Corporation Tax, VAT, and Personal Tax is essential. This … Read more

A Deep Dive into SEIS

Discover SEIS, short for “Seed Enterprise Investment Scheme.” The UK government introduced the SEIS as a tax-advantaged initiative to inspire investments in emerging start-ups. Its purpose is to promote economic growth by providing tax benefits to individual investors who actively support small, early-stage companies. Furthermore, the government has confirmed recent changes in the limits available … Read more

Mid-Year review health check: Ensure your financial vitality

Your business is like a well-oiled machine, constantly in motion. To keep it running smoothly, you need regular check-ups. Just as you schedule a health check with your doctor, your business deserves one too – a comprehensive mid-year health check. And here’s the best part – it’s on the house!   At SAS Micro, we … Read more

Unlocking the Basics: An Introduction to Capital Gains Tax

What is Capital Gains Tax (CGT)? CGT is a tax that is charged on assets that you sell, give away, exchange or dispose of to make a profit or ‘gain’. The main examples are properties that aren’t your main home, disposals of shares, business assets, and personal possessions like jewellery or paintings. You will not be … Read more

2023 Finalist for Small Firm of the Year

We are thrilled to announce that our #SASMicro team has been chosen as a finalist for Small Firm of the Year at the prestigious Accounting Excellence Awards 2023! This recognition reflects our team’s dedication, expertise, and commitment to providing exceptional accounting services to our valued clients. We couldn’t have achieved this without the trust and … Read more

Changes to R&D Rates for SMEs

The amount of R&D Tax Relief that applies to qualifying expenditure has changed since the 1st of April 2023. In summary, the rates of relief available through the SME R&D Tax Relief scheme have reduced, whilst the amount of relief available through the large company Research and Development Expenditure Credit (RDEC), has increased. The SME scheme’s enhanced expenditure … Read more

Sign up with us today