17 Jan 2020

What does R&D mean and how can it help to fund your business?

What does R&D mean and how can it help to fund your business?

We’ve collaborated with Director, Vicki Strachan, from the Mathys & Squire Oxford Branch, to write an article about the benefits of accessing R&D Tax Relief, for the Business & Innovation Magazine.

Mathys & Squire and Vicki are a TBAT Innovation Partner in the Oxfordshire area. Together we hosted our first joint event in December 2019, welcoming in the festive period with our local connections and clients.

As Patent Attorney’s, Mathys & Squire understand the need for UK businesses to produce innovative and cutting-edge new products, processes and services as well as the importance of funding to enable their research and development.

We’re looking forward to collaborating further with Vicki and her team in 2020, to expand our network in the region!

In the article, we openly discuss with Vicki, what R&D means and how the highly beneficial R&D Tax Credit schemes can be used to help inject additional funds into your business, allowing you to continue to innovate.

By using the schemes available, your business can receive either a Corporation Tax deduction, or a cash injection from HMRC as a reward for the R&D you have already undertaken.

The article is featured in their January/February 2020 issue and can be found on page 28.

Related Articles

12 Jul 2024

First-Tier Tribunal Case Summary– Get Onbord Limited V HMRC

In a big step forward for R&D Tax Credits, HMRC has recently lost a case at the first-tier tribunal against software company Get Onbord Ltd. This decision is a fantastic demonstration of the realities of software development and the use of existing technologies. We have summarised the tribunal case document and highlighted our key takeaways.

R&D Tax Credits
09 Jul 2024

Understanding R&D Tax Relief: Activities and Eligibility in the UK

Explore who can claim R&D Tax in the UK, what activities qualify, and some of the key criteria. Understanding who can claim and what activities qualify for R&D tax can often be quite complex. We shed some light on these aspects, helping businesses navigate the R&D tax relief landscape with greater confidence.

R&D Tax Credits

An independent consultancy, highly skilled and experienced

Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.

Get In Touch