Understanding R&D Tax Relief

  What’s it all about? R&D Tax Relief is there to encourage investment in innovation and is available to companies from almost any industry who are making scientific and technological advances. Companies who meet the criteria are able to reduce their corporation tax liability by an amount equal to a percentage of the company’s eligible R&D expenditure. The projects...

HMRC Guide to R&D Tax Relief

HMRC have a guide outlining how tax relief for Research and Development works for and small and medium sized businesses. It provides: • straightforward definitions and explanations of the schemes • details of qualifying costs • guidance on how to make a claim under the SME and RDEC schemes • advice on where to find...

R&D TAX RELIEF INCREASED

The rate of the R&D expenditure credit is being increased from 11% to 12%, in order to support business investment in R&D. This is the relief available to those companies that do not qualify for the more generous relief available to SMEs. Find out more about R & D Tax relief…  

R&D Tax Relief: Why Your Business Might Be Eligible

Our latest Infographic outlines some basic information about R&D [Research & Development] Tax Relief and how it might benefit your business.

Is Your Company Carrying Out Research & Development?

  Many companies are still missing out on valuable tax breaks for expenditure on research and development (R&D).  Revenue and Customs (HMRC) have recently updated their guidance on claiming R&D tax credit relief and have reminded companies that it is possible to obtain advance assurance that the R&D activities are eligible to make a claim....