Tag: entrepreneurs

Encourage technical improvement

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Our government is very keen to encourage technical improvement in the way we conduct all aspects of commercial activity. Accordingly it provides VERY generous tax reliefs for activities that qualify, in its terms, as ‘Research and Development.’ While this includes the work undertaken by scientists wearing white coats and working in laboratories, it also covers the work done by entrepreneurs in improving the processes they use in their everyday business. The tax man may accept that anything you do which finds a way to…

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