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what is enterprise investment scheme

What is the Enterprise Investment Scheme?

29/01/2024Business , Business Growth Ideas

Wondering about what is enterprise investment scheme? EIS has become increasingly popular in recent years as more individuals and businesses recognise the potential benefits of investing in innovative companies with high growth potential. With the EIS, investors can qualify for tax relief of up to 30% of their investment, making the investment process more attractive …

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what is Carers Allowance

What is Carer Allowance?

25/01/2024Dividend Allowance

Today we will be discussing what is Carers Allowance, a benefit available in the UK to those responsible for providing care for someone who cannot look after themselves. Carers Allowance is an incredibly important benefit for those who provide vital care and support to others. It is designed to help those who qualify with modest …

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what is chaps payment

What is a CHAPS Payment?

22/01/2024Business

If you are wondering about what is CHAPS, we can begin by saying that it is an electronic payment system used in the UK to facilitate the transfer of funds. CHAPS stands for Clearing House Automated Payment System and was launched in the UK in the mid-1980s. It allows for the safe and efficient transfer …

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what is bacs payment

What is BACS Payment?

16/01/2024Accountants , Accounting , Budgets & Other

If you are seeking What is BACS Payment? In this guide, we will focus on BACS payment which is a widely used electronic transfer system in the UK that allows individuals and businesses to make recurring payments, such as utility bills, mortgage and loan payments, and membership fees. With BACS payment, the customer’s bank account …

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what is tax relief

What is Tax Relief?

09/01/2024tax , Tax Issues , Tax News and Tips , Taxation

Let’s kick off our discussion on what is tax relief. It’s a topic that can have a big impact on your finances, so it’s great that you’re interested in learning more. Tax relief is essentially a way to reduce the amount of tax you owe by deducting certain expenses or contributions from your taxable income. …

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