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...
by Adam Park | Oct 26, 2025 | Knowledge Bank
Claiming R&D tax relief in 2026 looks very different from even two years ago. The merged scheme is now the default, the Claim Notification Form is mandatory for many companies, and HMRC enquiry rates remain elevated. Here’s the up-to-date 10-step process to...
by Adam Park | Oct 25, 2025 | Knowledge Bank
R&D Tax Relief in 2025 helps UK businesses reduce their corporation tax or receive cash payments by claiming qualifying R&D expenses. There are two schemes: RDEC (Research and Development Expenditure Credit): For large companies (500+ employees or £100m+...