We aim to keep you informed, inquisitive, intrigued
and entertained
Innovate UK Smart Grants are funding opportunities provided by Innovate UK, which is part of UK Research and Innovation (UKRI). These grants aim to support game-changing and commercially viable research and development innovations that can significantly impact the UK economy.
CIOT (Chartered Institute of Taxation) as a professional accounting body have previously raised concerns with HMRC through open letters sent in July 2023, December 2023 and May 2024. The concerns addressed in the letters have focused on several key areas related to HMRC's approach that affect their charter.
A client approached our R&D tax team for assistance after their accountant had prepared an R&D claim that came under scrutiny during the compliance check process. Read our key take aways from successfully navigating an HMRC compliance check.
In the spotlight this month is the team and innovative space at STEAMhouse. STEAMhouse are a collaborative community developing business ideas, skills, knowledge and ambition.
TBAT Innovation is proud to sponsor the 'Innovation' category at the Medilink Midlands Business Awards 2024. The awards will see life science companies across the Midlands receive awards from Start-Up to Outstanding Achievement.
Navigating HM Revenue & Customs (HMRC) enquiries or compliance checks concerning Research and Development (R&D) tax credit claims can be a significant challenge for businesses. Read our latest article where we share expert insights including engaging with HMRC, the reasons for a HMRC enquiry and the process.
Discover the new R&D Merged Scheme effective from April 1, 2024, simplifying claims for SMEs, Large Companies, and subsidised projects.
Two key mechanisms that play a pivotal role in fuelling research and development (R&D) endeavours while maximising returns on intellectual property (IP) investments are R&D tax relief and the Patent Box regime. But what happens when these two powerful incentives come together?
The R&D tax relief schemes are undergoing significant changes, for example the introduction of the Merged Scheme, merging SME and RDEC schemes into a single framework covering SMEs, Large Companies, and subsidised projects. Read our post outlining some of the upcoming changes, including the Spring Budget 2024.
On the 28th February, the House of Commons Public Accounts Committee (PAC) released a damning report on HMRC Customer Service. The report outlines several concerning findings, including HMRC's failure to meet service standards, increased wait times for taxpayer assistance, and a decline in service quality over five years. In this blog, I discuss TBATs thoughts surrounding the report.
Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.
Get In Touch
Call 
Back
