Innovative small and medium sized businesses are set to be negatively impacted the most by changes from April 1 to research and development tax relief according to a leading tax expert.
Rates for research and development tax credits are set to change from April 2023 as part of HMRC’s planned overhaul of the R&D tax relief system.
By Anne Rose, R&D Tax Consultant The Spring Statement once again saw mention of the plans from government to crack down on the abuse of
R&D tax credits are a government-designed incentive to encourage businesses to invest in research and development. The amount of tax credit a business is entitled
The research and development tax credit is a great way for start-ups to receive funding for their R&D costs. If your claim qualifies, you will
HMRC back down on employee expenses for R&D claims Until recently, HMRC did not allow reimbursed employee expenses to be included as part of qualifying
HMRC’s tax incentives for companies investing money in R&D are not new, but it is only in recent years that the number of SME’s taking