Tax Investigation in Edinburgh: A Guide for Business Owners
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💥 the small business #R&D scheme paid out more in tax relief than it generated in #R&D expenditure. Because a mini-industry of unscrupulous consultants sprang up, making hundreds of thousands of fake claims, for everything from bricklaying to vegan doughnuts 💥
Concise, clear piece 👏
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There are other ways to target wealth. The #UK, in common with many other countries, taxes dividends, capital gains & inherited money. But the rates can be much lower than those for wage-based income, and there are many loopholes and discounts.
www.theguardian.com/world/2025/s...
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