by Adam Park | Sep 22, 2022 | Uncategorized
HMRC has recently set out its upcoming reforms to the R&D Tax Relief schemes that will form part of the next Finance Bill. Alongside some minor legislation updates to address anomalies in the schemes, the reforms as they stand will cause four major changes to the...
by Adam Park | Sep 9, 2022 | Knowledge Bank
If your company has been making a loss, it’s still worthwhile making a claim for R&D tax credits. Sometimes this is misunderstood with people thinking a company needs to be profitable to benefit. However, applying as a loss making company can provide significant...
by Adam Park | Jul 4, 2022 | Case Studies, Knowledge Bank
Running a building project is never easy. In fact on many projects – builders, site managers, foreman, construction directors and draughtsman are involved in solving problems for their clients. And solving problems for their clients could mean that their company...
by Adam Park | Jun 16, 2022 | Uncategorized
Last month HMRC announced its slowing down payments on several R&D tax credit claims. This is to help focus on combating fraud and abuse of the scheme. The announcement follows recent reports that there has been an uplift in the volume of fraud in R&D tax...
by Adam Park | May 26, 2022 | Uncategorized
R&D Tax Credits are government-backed incentives for innovative businesses with the relief often worth around a quarter of qualifying spend on R&D. A company can make a claim for R&D tax credit relief for any accounting periods ending in the past two years...
