We aim to keep you informed, inquisitive, intrigued
and entertained
An overview of HMRC’s updated guidance on subsidised and subcontracted R&D expenditures. We outline key differences between SME and Large Company Schemes and provide a summary on the CIRD81650 and CIRD84250 updates.
The Office for Budget Responsibility (OBR) has published its latest forecast for the UK economy, highlighting key financial concerns and policy challenges. With a public finance deficit of £22 billion and planned National Insurance Contribution (NIC) increases to 15% in April 2025, the government faces significant economic hurdles.
On 15th and 16th May, a team of three cyclists from TBAT will take on an incredible journey across the Scottish Highlands, cycling coast to coast in support of Stand Against MND charity and in memory of our colleague Sam Perkins. Sponsoring this years challenge, is Velorim Group.
We’re excited to share that TBAT Innovation has been selected as a finalist for the Innovation in Service Delivery category at the Medilink Midlands 2025 Business Awards! This award recognises companies and individuals who have created innovative solutions and processes that greatly enhance the quality, efficiency, or accessibility of services.
Though the New RDEC looks very similar in operation to the old RDEC, there are some significant differences about who can claim under different circumstances and what costs can be included. Our latest article covers sub-contractor costs, the exclusion of foreign subcontractor and EPW costs, who contemplated the R&D and SME self funded projects.
We're delighted to announce the launch of The 2025 TBAT Innovation Challenge, an initiative aimed at supporting SMEs in their pursuit of innovation and sustainable growth. Developed by our dedicated team and supported by a network of key partners, the nine-month programme will equip businesses with the tools and insights they need to overcome innovation barriers and accelerate development.
Explore TBAT Innovation's latest insights on HMRC’s R&D statistics, highlighting key trends in R&D tax relief claims, compliance, and the measures introduced to reduce error and fraud. Learn how TBAT’s expertise supports businesses in navigating these changes and ensuring their R&D claims are compliant.
This month marked the exciting conclusion of the 2024 Innovation Challenge, highlighted by an exceptional evening showcasing the remarkable entrepreneurial talent of UK SMEs. Discover who we crowned as the winner at our Innovation Challenge Finalist showcase!
Like many R&D tax credit professionals and accountants, TBAT have conducted a number of compliance checks, supporting both our own claims and those of clients who sought assistance with claims prepared by others. In our latest article, we take you through how TBAT Innovation is managing these compliance checks.
On September 16, 2024, HMRC held the R&D Communication Forum (RDCF), where several updates were shared. In our latest article, we discuss updates regarding the Enhanced Research Intensive Scheme (ERIS), the Additional Information Form, initiatives for raising standards in the R&D market, the Mandatory Random Enquiry Programme, and HMRC operations.
Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.
Get In Touch