by Adam Park | Oct 2, 2026 | Knowledge Bank
HMRC published its latest R&D tax credit statistics in September 2026, covering claims for the 2024/25 tax year — and the headline is stark. The number of companies claiming R&D tax relief fell sharply, even as the total amount of relief being paid out went... by Adam Park | Sep 30, 2026 | Knowledge Bank
If your company holds a patent — or is developing something patentable — the Patent Box can cut the Corporation Tax on the profits that patent generates to an effective 10%, against a main rate of 25%. For a profitable, innovative SME that is a substantial, permanent... by Adam Park | Sep 23, 2026 | Knowledge Bank
The Chancellor will deliver the Autumn Budget 2026 on Wednesday 28 October. For any UK company running an R&D tax relief claim — or planning its first — it is worth knowing what is genuinely on the table before the red box opens, and what is simply noise. The... by Adam Park | Sep 2, 2026 | Knowledge Bank
Few sectors are a more natural fit for R&D tax relief for life sciences than biotech, pharma and medtech — the work is R&D almost by definition. But it’s also one of the areas HMRC scrutinises most carefully, because not everything that happens in a lab... by Adam Park | Aug 31, 2026 | Knowledge Bank
Manufacturing is one of the biggest users of R&D tax relief for manufacturing in the UK — the sector accounts for around a quarter of all R&D claims (24% in HMRC’s 2022-23 statistics). Yet many manufacturers still under-claim, because the everyday work... 
