TCR UK Solutions understand that the financial aspects of running a business can be daunting but we can provide solutions. Cash is the priority and we can provide weekly cashflow forecasting. We can also set up UK bank accounts, manage the relationship with HMRC (for VAT, import/export requirements and PAYE reporting) and prepare monthly and quarterly management accounts.
The UK government offers an incentive to R&D businesses in the form of R&D tax relief. This is a tax relief for corporation tax registered businesses that are engaged in qualifying research and development. The relief is only applicable to qualifying R&D costs, and TCR UK Solutions can prepare and submit the return for you.
If your business meets the requirements for audited financial statements, we will work with you to source and engage an auditor.