The tax relief scheme for Research and Development (R&D) is an important way to cut the costs of investing in R&D, development projects and innovation across your business. However, the Spring Budget 2023 has brought in several changes to the R&D tax...
In recent years, HMRC has identified and successfully challenged several false claims for Research and Development (R&D) tax credit relief made by purported R&D Consultants. Many of these claims have been for projects that did not satisfy the criteria for the...
The lowdown on this relief for innovation. Research and Development (R&D) tax credits were once a little known tax incentive for companies which invested in innovation. But after rule changes in recent years, and a push by many Tax Advisers, they are now much more...
Data published recently by the Office for National Statistics (ONS) revealed that the amount UK companies spent on Research and Development (R&D) totalled £25 billion in 2018. With this in mind, we explore how you can make the most of any R&D tax reliefs...
