by Adam Park | Dec 21, 2022 | Knowledge Bank
Yes — costs incurred on qualifying R&D are tax-deductible. Under UK corporation tax rules, a company can deduct 100% of its R&D expenditure from trading profits in the normal way. But R&D tax relief goes further: it also gives you a credit on top of that... by Adam Park | Apr 12, 2022 | Knowledge Bank, News
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... by Adam Park | Aug 11, 2021 | Knowledge Bank
If you’re looking into claiming R&D tax relief, the first thing you need to know is what is R&D? This article will explain what type of work qualifies for R&D tax relief. Most likely, you’ll be surprised how broad the definition is. Many clients find that... by Adam Park | Jun 16, 2021 | Case Studies, News
Our R&D tax credit review process ensures our clients have claimed for all of the R&D they’ve conducted. We always conduct a full R&D tax credit review for new clients. In fact, when onboarding new clients who have previously claimed R&D tax... by Adam Park | May 17, 2021 | Agriculture, Case Studies
We’ve recently finalised a claim for our client who performed Research and Development on their dairy farm. The client was performing standard tests and trials on their farm which ensured they were getting the best possible results with their silaging and feed... 
