Tax relief for start up companies If you have started a new company, you may be able to apply for tax relief for start-up companies. This tax relief is a reduction of your Corporation Tax (CT) for the first three years you trade. The relief can be applied to the profits from your new trade and…
Short-Term Enterprise Allowance The Short-Term Enterprise Allowance (STEA) gives support to people who have lost their job and want to start their own business. To qualify you must be getting Jobseeker’s Benefit. There is no qualifying period, which means you do not need to have been getting Jobseeker’s Benefit for a certain period of time.…
Start your own business relief If you are long-term unemployed, you may be able to claim tax relief to start your own business. To qualify, you must have been unemployed for at least 12 months before you start the business. The Start your own Business Relief allows you to claim an Income Tax (IT) relief of up…
