by Clare Ingleby | Dec 10, 2019 | R&D Tax Credits |
R&D tax credits are complex and reports that HMRC is trying to clawback incorrectly claimed funding doesn’t help. One accountancy firm has estimated that the clawback could be as high as £612 million. HMRC have described these claims as ‘tax under consideration’....
by Clare Ingleby | Oct 10, 2019 | R&D Tax Credits |
HMRC has today released the latest batch of figures for the R&D tax credit scheme. And although the figures do not give a complete picture of 2017-18 claims due to the nature of when businesses can claim these tax credits, all indications are that the number and...
by Clare Ingleby | Oct 9, 2019 | R&D Tax Credits |
Over the years we’ve worked with lots of company’s who didn’t believe they could claim R&D tax relief through their own or their advisors’ misunderstanding of the scheme. We thought we would share some examples to demonstrate some these misconceptions,...
by Clare Ingleby | Sep 13, 2019 | R&D Tax Credits |
The UK has an established background in engineering innovation from the invention of the steam engine through to iconic buildings and structures over the centuries. However, what many probably don’t consider is the level of innovation that was needed and how the...
by Clare Ingleby | Jul 29, 2019 | R&D Tax Credits |
There are currently so many stories about environmental awareness and the need to lower the amount of energy and resources being wasted, and reducing physical waste especially in terms of packaging. Many businesses are putting considerable effort into striving to...
by Clare Ingleby | Jun 21, 2019 | R&D Tax Credits |
If you are a subcontractor, you may think that what you do is not eligible for research and development (R&D) tax credits but that might not actually be the case. What is it that you do? If you are a subcontractor it’s easy to think that your client will be the...
