Blackpool boasts a host of business parks and industrial estates many of which fall firmly into the Assisted Areas with superb transport links and eligible funding. With a wide range of buildings, factories, warehousing, offices and development land there is something to suit the needs of all types of businesses.
Tax Relief and Incentives
You may be able to delay paying Capital Gains Tax if you either sell (‘dispose of’) some business assets or use all or part of the proceeds to buy new assets. This relief means you won’t pay any tax until you sell the new asset
A tax relief designed to allow the cost of certain of your company or organisation’s assets to be written off against its taxable profits
A group of five corporation tax reliefs that allow qualifying companies in the creative industries to claim a larger deduction, or in some circumstances claim a payable tax credit when calculating their taxable profits
This aims to encourage investment in small and early stage companies by reducing the risk to investors of investing in these types of companies
Helps finance by offering tax relief to investors who buy new shares in their companies. Check here to see if your business qualifies small companies raise
Small businesses can get 225 per cent tax relief on their research and development spending
An overview on which properties are eligible for discounts on their business rates, and how to apply for these reliefs
Currently stands at £500,000. How to claim, what is covered and how to calculate it
When an entrepreneur sells or closes their business, they need only pay ten per cent Capital Gains Tax on any qualifying profits
There are currently 24 Enterprise Zones across the UK and they support new businesses through a range of incentives
Employers can reduce the amount of National Insurance contributions (NICs) they pay for their employees by up to £2,000.
This provides a range of income and capital gains tax reliefs which can be claimed by individual investors for investments they have made in social enterprises, with a view to helping people and communities. It is in place for investments made or capital gains arising in the period from 6 April 2014 to 5 April 2019
Enables companies to apply a lower rate of Corporation Tax to profits earned after 1 April 2013 from its patented inventions and certain other innovations.