by Adam Park | Oct 31, 2025 | Knowledge Bank
Submitting R&D tax relief claims to HMRC can provide financial benefits for UK businesses but requires careful preparation to avoid delays, rejections, or penalties. Here’s what you need to know: Two Schemes: The RDEC scheme is for larger companies or those...
by Adam Park | Oct 30, 2025 | Knowledge Bank
R&D tax relief schemes in the UK are designed to help businesses offset costs associated with innovation. There are three options: SME R&D Tax Relief, RDEC (Research and Development Expenditure Credit) for larger companies, and ERIS (Enhanced R&D Intensive...
by Adam Park | Oct 29, 2025 | Knowledge Bank
Facing an HMRC compliance check? It doesn’t have to be stressful if you prepare properly. Here’s how you can make the process smoother: Understand the Process: Know how HMRC conducts checks and what documents they’ll ask for. Keep Accurate Records: Maintain detailed,...
by Adam Park | Oct 28, 2025 | Knowledge Bank
UK businesses investing in research and development (R&D) can reduce costs and boost cash flow through two key tax relief schemes in 2025: RDEC and ERIS. These schemes aim to encourage innovation by offering tax credits or deductions for eligible R&D expenses....
by Adam Park | Oct 27, 2025 | Knowledge Bank
R&D Tax Relief helps UK businesses reduce costs by offering tax deductions or cash payments for qualifying research and development activities. To qualify, your project must address scientific or technical uncertainties and aim to advance knowledge or capabilities...