What are Community Interest Companies?

What are Community Interest Companies?
A community interest company, or CIC, is a social enterprise, which is established with the aim of providing a benefit to the community, rather than for making a profit or any other personal advantage. CICs were only established as a company type around a decade ago in the Companies Act 2004, and today there are more than 11,000 registered CICs. They are set up as limited companies and can vary in size with both small and large CICs operating in the UK.
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Changes to research and development tax relief claims

Changes to research and development tax relief claims
If your company pays corporation tax, then you may be able to save money on your taxes by claiming research & development tax relief. All Limited companies must pay corporation tax, but if you are unsure, then you can read our corporation tax blog to find out more.
 
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What to do if you come under tax investigations

What to do if you come under tax investigations
When you come under investigation from HMRC regarding your tax affairs, you will receive a letter from them, probably requesting certain records from you. This can be a frightening and worrying notice to receive. If and when this occurs, it is advisable to contact your accountant or another tax specialist, as handling the situation on your own could end up making things worse and with you having to pay more. As tax can be very complicated, it is better to let someone with experience in handling tax investigations help solve your problems.
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Stamp Duty and the 2015 Autumn Statement

Stamp Duty and the 2015 Autumn Statement
In last month's Autumn Statement, Chancellor George Osbourne announced further changes to Stamp Duty Land Tax, after changes were initially announced in 2014's Autumn Statement. Here's a quick rundown of Stamp Duty, the newly proposed changes, and how they might affect you.
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Giving Christmas bonuses to your staff

Giving Christmas bonuses to your staff
Christmas is almost here and it's a season of goodwill and giving. You may be thinking about how you can reward your employees for all of their hard work at the end of the year. Christmas gifts and/or bonuses are a great way to make your employees know that you value them, but there are certain rules that you need to take into consideration.
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