Change is coming for research and development tax relief this April
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.
R&D
HMRC tightening on R&D tax credits claims
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 …
An overview of how R&D tax credit is calculated
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 …
R&D tax credit guidance: What expenditure qualifies in my claim?
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 …
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HMRC allow increased historic R&D tax relief claims
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 …
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Research & Development Tax Relief (R&D)
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 …
Budget 2013 – Tax Implications
Following our successful Budget Update events today, I’ve been asked to post some of the headline tax changes announced by George Osborne. The full list of rates …
R&D Tax Credits, a warning
The current regime of claiming for enhanced credits against corporation tax is a generous one with up to 225% relief available for qualifying expenditure. In …