R&D Tax Credits
Embracing AI in R&D Documentation: A New Era is Coming
Recent HMRC Guidance in preparing R&D tax credit claims included some useful information on how companies should aim to document their R&D projects - perhaps AI holds the key...
R&D Tax Credits
HMRC's New Guidelines for R&D Tax Credit Claims: What You Need to Know (Video)
R&D Tax Credits
New HMRC Guidance on R&D Tax Credits
R&D Tax Credits
HMRC R&D Tax Credits Statistics (2021-2022): What You Need to Know
HMRC latest statistics for the UK R&D Tax Relief were released on 28 September 2023 relating to claims submitted in 2021-2022. Here we share a summary of the key points.
R&D Tax Credits
Understanding the New HMRC Requirements for R&D Tax Credits (2023)
The introduction of the AIF is a crucial change in the R&D tax credits application process. Without this form, your claim will not be considered valid by HMRC.
R&D Tax Credits
R&D Tax Credit HMRC Enquiry (successfully defended)
HMRC is increasingly challenging R&D tax credit claims. Here we explore a recent successful defence of a sizeable claim on behalf of a UK Fintech company.
R&D Tax Credits
R&D Tax Credits in Crisis - The State of R&D Tax Credit Relief in the UK: Challenges & Opportunities
Here in this video we cover the R&D tax relief and its current status as HMRC ramps up formal enquiries and challenges.
R&D Tax Credits
R&D Tax Credit Claims for Software Development Companies Under Attack from HMRC
We are currently witnessing a sea-change in HMRC's approach to reviewing and processing R&D tax credit claims, with software development companies in particular being subject to HMRC enquiry.
R&D Tax Credits
R&D Tax Credits - Summary of New Rules from 1 April 2023 Onwards
With so much change happening in the field of R&D tax credits relief, we have put together a useful summary timeline of changes and new rules that are currently on the horizon
R&D Tax Credits
R&D tax credits: Claim now or wait for future relief at 25%?
For many years, the default option for the majority of SMEs has been to claim the R&D tax credit rebate rather than wait for potentially higher relief - will the new 25% corporation tax rate make a difference?
SEIS / EIS
Tax Incentives for Startups and SMEs (Webinar for World IP Day)
Overview of current government tax reliefs available for ambitious growing UK company including S-EIS, R&D tax credits, Patent Box, EMI share options
R&D Tax Credits
R&D Tax Credits: New Form required from 6 April 2021 (CT600L)
HM Revenue & Customs has introduced a further form that all companies must now complete and file when claiming either the R&D tax credit relief
R&D Tax Credits
PAYE Cap: New Rules for SME R&D Tax Credits
A new PAYE cap will be introduced in 2021 to limit payable SME R&D tax credits to £20,000 plus 300% of the company's total PAYE & NIC liability for the period
R&D Tax Credits
HMRC R&D Tax Credits Claim Statistics (2018-19)
Every year, HM Revenue & Customs releases statistics that it maintains on the overall make-up of R&D tax credit claims by number and size of claims, regions and industries. Here we analyse the figures for 2018-19
R&D Tax Credits
R&D Tax Credits & COVID-19: Impact of CJRS and Furlough
On 10 September 2020, HMRC issued their view on how the R&D tax credit relief will be applied to furloughed employees under the Coronavirus Job Retention Scheme (CJRS)
R&D Tax Credits
What software development qualifies for R&D tax credits?
Software development companies can benefit from the UK Government's R&D tax credit relief incentive but it is often unclear exactly what software activities qualify for R&D tax relief - we explain here