Many companies mistakenly believe their developmental activities qualify for this coveted relief. Here's a deep dive into why certain "R&D" activities don't fit the bill for tax credits.
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However, many people unsure whether they qualify for Tax credits look for examples of R&D Tax Credit reports, so we thought we’d give you one based on a real-life example.
ViewIn the Autumn Statement of 2022 significant changes to the R&D Tax Credit scheme were announced.
ViewHMRC are increasing its compliance checks for all Research and Development Tax Credit claims. Are you confident that your claims are meeting this increased levels of interrogation?
ViewR&D Tax credits can be difficult to understand at the best of times but add grant funding to the pot and it can get very confusing and, in many cases, very costly if they are not understood.
ViewThe rules regarding R&D tax credit claims for the SME scheme are changing from April 2021 and it could affect the ability of many small businesses to obtain this important tax relief.
ViewWhy are some claims selected by HMRC for an enquiry or compliance check? And how long does an enquiry last? We discuss how to prepare your claim correctly to avoid enquiry triggers.
ViewBusiness owners often tell us they can't claim R&D Tax Credits because they're not paying any tax. Our consultant, John Mapother, explains why this isn't the case.
ViewA large part of the industry is still unaware that this crucial funding is available to them by claiming tax credits through your corporation tax. As long as you are a limited company and have a full
ViewResearch and Development capital Allowances (RDAs) are less known than other capital allowances such as Plant and Machinery Allowances (PMAs) and the Annual Investment Allowance (AIA).
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