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Only another 10 weeks until full year results will be released , unless news comes earlier , those will clarify what DSM were doing all those years although only 2 months of full inCome will be shown , only expecting £500k t/o although would be happy to be proved wrong .
How loss-making companies receive their R&D credit
If you are a loss-making company how you will receive the SME R&D tax credit will also be affected. Whereas profit-making companies receive a deduction from their Corporation Tax bill, loss-making companies can receive a partial or full cash-credit for their R&D expenditure.
Alternatively, loss-making companies can choose to carry forward their losses to a future profitable year. This may make sense if your future profitability is predictable, as the return can be higher than if you receive a cash credit, however for most loss-making companies the immediate cash credit is preferred. Returns from carried forward losses can reach 20% of the enhanced R&D expenditure, whereas the cash credit is delivered at a rate of 14.5%. Choosing to take the immediate cash credit, rather than carrying the loss onto your future tax bill is called “Surrendering the Loss“.
For more information about how your R&D tax credit is calculated we recommend looking over our guide to how much you can claim. Otherwise, get in touch with one of our team and they will be able to advise you free of charge.
Wellsite that may may well be true but pxs has been getting R&D tax credits from the U.K. gov . In the last interims it was £16k but the amount last year was £59k so not a small amount , https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief
I’m now assuming that the DSM stock has been paid for ! so about £200k was found from income , I know little about running a company but am I right in saying that since the money bought stock for resale it is free from uk tax . Anyone with more knowledge care to comment ?
They seem to be throwing everything at this now . https://www.dsm.com/human-nutrition/en/search-results.html?query=Microbiota&pageNum=2&languageCode=en&siteName=human-nutrition&filtersRequired=pageKeyWords
DSM also acquired Biocare a few months ago , “DSM already has a strong position in gut health solutions with its Culturelle® product range, the number-one-selling probiotic dietary supplement consumer brand globally, as well as with its ingredient brands Oatwell® and Tolerase®. The company sees further growth potential in gut health ingredients beyond the established indications for digestive health and immune health. Fields increasingly recognized as being impacted by the gut microbiome include the gut-brain axis, metabolic health and heart health. DSM’s ambition in addressing the gut microbiome and its portfolio of nutritional ingredients are very synergetic with BioCare Copenhagen’s approach and products, and the combination is well-catered to address the existing and emerging gut health areas.”
18 x earnings ! With pxs possibly already earning the low millions£ , makes you think about the comment “substantial multiples of present revenue “ when By health launch . Of course lots could go wrong and the lack of news is a little concerning to me .
IF Only they’d talk to each other ;-) https://www.unilever.com/news/press-and-media/press-releases/2022/unilever-and-holobiome-to-uncover-ingredients-that-could-improve-wellbeing/
This looks like Samr are allowing a new function on health foods ,unfortunately not ff . ! https://food.chemlinked.com/news/food-news/china-samr-expands-raw-material-directories-and-function-claims-for-health-food-nutrient-supplement?utm_source=edm
Thanks gixer , so I think you worked out you worked out pxs have about 3666 kg And probably about the same amount that still hold , all to be used by August 24 if they don’t get the extention they are looking for ,mm
Hi gixer Can you remind me of the cost to produce ff and what it sells for , I know you have posted this info before but it seems more relevant to know now we have control of the production line , we also know stock numbers for the next year so we could maybe have an idea of income for the next year , .many thanks