Lera Accountancy

Running a small or startup biotech in the UK? You could be leaving R&D tax relief on the table! 🧬

Many founders miss costs that qualify, like reagents (even from experiments that didn’t work out) and the time scientists spend writing papers or presenting at conferences.

And if you’re pre-revenue, the Enhanced R&D Intensive Support scheme could return up to 27% of your qualifying R&D spend as cash, with no equity given away.

Our new guide covers what counts, worked examples, how to claim, and a deadline that catches first-time claimants out.

👉 https://www.leraccountancy.co.uk/knowledge/rd-tax-credits-for-biotech-companies-uk/

Got questions? Send us a message, we’re happy to help!

R&D Tax Credits for Biotech Companies: How to Claim in 2026 Biotech companies recover up to 27% of qualifying R&D costs. 2026 guide to lab consumables, staff, clinical trials and how to claim.

Do you rent out a property abroad? ☀️ It could mean you need to use Making Tax Digital.

Making Tax Digital (MTD) is HMRC's new system for landlords and self-employed people. Instead of one tax return a year, you send HMRC updates every quarter.

It applies if your total rental and self-employed income is over £50,000 (dropping to £30,000 from April 2027), and your overseas rent counts towards that total.

For example: £12,000 rent from a flat in Spain + £42,000 rent from a UK property = £54,000. That's over the limit, so MTD applies, even though neither property is over the threshold on its own.

Our easy-to-read guide explains what this means for you, with a handy checklist at the end 👇

https://www.leraccountancy.co.uk/knowledge/mtd-foreign-property-income/

Not sure where you stand? Send us a message and we'll help you work it out 😊

MTD Foreign Property Income: A Guide for UK Landlords MTD foreign property income for UK landlords: the combined threshold, separate quarterly updates, currency rules and foreign tax credits.

Thinking about selling on eBay in the UK? 📦 Our beginner's guide covers everything from fees and listings to VAT and HMRC obligations. Don't get caught out by the tax side! Read the full guide here 👇

How to start selling on eBay in the UK for beginners Complete beginner's guide to selling on eBay UK in 2026. eBay fees explained with real figures and how to grow your eBay business profitably.

Did you know Amazon reports your sales directly to HMRC? 😬 If you're selling or thinking about selling on Amazon, our new beginner's guide covers everything you need to know, from setup and fees to tax and bookkeeping. 👇

How to start selling on Amazon in the UK for beginners - Lera Accountancy Complete beginner's guide to selling on Amazon UK: business models, Amazon FBA fees, seller account setup and when to use an Amazon accountant

Sole trader, self-employed and freelancer, you've probably heard all three and wondered if they actually mean the same thing. (Mostly yes, by the way.)
Here's what being a sole trader actually means for your tax situation:
✅ You register with HMRC and do a self-assessment return each year by 31 Jan
✅ Your profits are yours, but you pay income tax on everything above your personal allowance of £12,570
✅ It's simple, low-admin, and perfect for getting started
⚠️ You are personally liable for any business debts. There's no legal separation between you and the business
For a lot of people starting out, a sole trader is absolutely the right call. But if your profits are growing, it might be worth a conversation about incorporating a limited company.
Not sure where you sit? Just ask, we're happy to talk it through 😊

Thinking about starting a Shopify store in the UK? 🛒 Our latest guide covers everything from choosing a business structure and understanding Shopify fees to VAT, HMRC, and bookkeeping.
Don't let the tax side catch you off guard! Read the full guide here 👇

How to start a Shopify store in the UK for beginners Shopify is one of the most popular e-commerce platforms in the UK for small business owners, and for a good reason.

Making Tax Digital for Income Tax is coming, and many small business owners still aren’t sure what it means for them 📊

We’ve put together a simple guide explaining who it affects, what’s changing, and how to prepare early.

Making Tax Digital for Income Tax - Explained Making Tax Digital for income tax is a government initiative to transform the tax system to a fully online working environment.

Choosing the right ecommerce platform can save you time, money, and headaches later on 💻

With so many options available, it’s important to pick a platform that fits your business goals and budget.

We’ve compared some of the best ecommerce platforms for UK small businesses in this quick guide.

The best ecommerce platforms for small businesses in the UK Choosing the best e-commerce platform for a small business in the UK is not simply about building an online shop.

Is dropshipping really worth it for your business? 🤔

It’s often seen as an easy way to get started online, but there are pros, cons, and tax considerations to think about.

We’ve shared a clear, honest guide to help UK small businesses decide if it’s the right fit.

👉 Read more below:

Is dropshipping in the UK worth it in 2026? For many eCommerce business owners and would-be entrepreneurs, the question still remains, is dropshipping still worth it?

Thinking of starting a dropshipping business? 🚀

It can be a great way to launch an online business with low upfront costs, but it’s important to understand how it works and the tax implications.

We’ve put together a simple guide to help you get started.

👉 Read more below:

How to start a dropshipping business in the UK for beginners In today’s rapidly evolving digital economy, the United Kingdom offers easy way for entrepreneurs to launch online dropshipping businesses