Tax

FSB says firms are increasing wages for staff

Research from the Federation of Small Businesses (FSB) has found that half (49%) of small businesses with employees on the National Minimum Wage have either increased wages in the last 12 months or are considering raising pay. The data shows less than a quarter (23%) of small firms have any staff on minimum wage, down from 27 per cent in 2012.

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How Patent Box legislation can help businesses

Corporation tax rates for large companies are coming down to match the 20 per cent rate for profits under £300,000. However, the new Patent Box legislation could allow your company to claim an even lower rate, 10 per cent, if those profits are generated from the use of patents.

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