Costs involved in R&D are tax deductible and there are two ways in which R&D costs can reduce a companies Corporation Tax liability. Firstly - with the usual deduction of 100% of the cost from your companies profits. In addition, the R&D Tax Credit...
On September 29th HMRC released the latest R&D tax credit statistics for 2022. These stats confirm that innovation continues to be key to the success of UK businesses – even during the most testing time of the pandemic. The new tax credit statistics released...
If your company has been making a loss, it’s still worthwhile making a claim for R&D tax credits. This is sometimes misunderstood with people thinking that a company needs to be profitable to benefit. In fact, applying for R&D tax credits as a loss making company might be the most beneficial way to get the most from the scheme.
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...
The Chancellor of the Exchequer, Rishi Sunak, has set out the UK Government’s latest spending plan in the Spring Statement. Although traditionally the Spring Statement is an update on the current state of the nation’s finances as well as future expectations, this year...
The R&D tax credit scheme helps businesses save thousands of pounds every year.
Back in the 2021, Rishi Sunak announced a consultation of the R&D tax relief scheme. Here are some of the changes which were outlined.
Find out how to claim R&D tax credits, with this step by step guide
If you’re making a claim, you almost certainly want to avoid R&D Tax Credit enquiry. Read on to find out how.
If you’re looking into R&D tax relief – you need to know the answer to the questoin – what is R&D? Then you can find out what work you’ve done qualifies for R&D tax relief
We make R&D tax claims easy.
