We aim to keep you informed, inquisitive, intrigued
and entertained
In the fast-paced and ever-evolving landscape of business and innovation, companies are constantly seeking ways to stay competitive and drive growth. One powerful tool that has been instrumental in promoting research and development (R&D) activities is the R&D tax credit.
In today's dynamic business landscape, innovation and entrepreneurship are the driving forces behind economic growth and development. Aspiring entrepreneurs and businesses looking to scale their operations often seek financial backing to turn their visions into reality.
For companies engaged in research and development (R&D) activities, claiming R&D tax credits can be a game-changer. These credits provide a financial boost to incentivise innovation and offset R&D-related expenses. However, when it comes to securing these credits, meticulous record-keeping is paramount. To help you navigate the complex process, here are the dos and don'ts of record-keeping for R&D tax credit claims.
R&D tax credits can be a significant financial boost for companies that engage in activities aimed at pushing the boundaries of knowledge and technology. However, understanding which costs are eligible for these tax credits can be a complex and often confusing process.
If you are a business performing Research and Development (R&D) in your organisation, there's a good chance you’ve heard about the R&D Tax Credit Schemes provided by HMRC. These schemes gives small and large businesses the opportunity to claim back certain R&D expenses for tax purposes, which can be a brilliant asset to any company
Innovation is the cornerstone of progress, driving technological advancements, medicine, and various industries. Companies that invest in research and development (R&D) are crucial in pushing the boundaries of what's possible.
In July, The Chartered Institute of Taxation (CIOT) penned a letter to HMRC expressing its deep-seated concerns regarding HMRC’s handling of its expanding R&D Tax Credit investigation program. In response to members’ grievances, the CIOT’s letter raised doubts about HMRC’s adherence to its own Charter.
Using the HMRC scheme to claim back expenses for your Research and Development (R&D) can help to support and finance future R&D projects and help to further your company’s innovation.
In the realm of business innovation, R&D (Research and Development) tax credits shine as a beacon of financial support. Yet, despite their potential to drive growth and foster technological advancement, there are several misconceptions.
Innovation can seem extremely scary, it can be challenging to balance the positive effect of successful innovation with the possible risks. Particularly now in the economic climate, funds are limited, and being smart with your innovation enterprises is crucial.
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
