Category: Research & Development

Why do you need a R&D Tax Consultant?

R&D Tax Relief is complicated, the guide at HMRC  covers a multitude of areas and covers several hundred pages across both the SME Scheme and Research and Development Expenditure Credit…

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30 September – Massive deadline for R&D Tax Relief Claimants

In the last 2 years, there have been some massive changes to R&D Tax Relief. One of them has a looming deadline for around 30% (I’m guessing, but it’s an…

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Could your SIC Code land you in hot water with HMRC?

Over the last 12 months, there has been significant focus at HMRC on a company’s SIC Code in determining whether they should open an enquiry into a Research and Development…

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Should I claim

How far back can I Claim R&D Tax Credits

One of the most over looked things when people first talk to us about an R&D Tax Credit claim is that the claim is linked to your Statutory Accounts and…

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Hand holding globe. Environment. Innovation in Sustainability

Can you make innovation in sustainability financially viable in the short term?

COP26 is just around the corner and innovation in sustainability is very much on the agenda. You only have to see some of the recent announcements such as: – Phasing…

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The rise of the unscrupulous R&D Tax Credits expert

Over the last 12 months there has been a lot of talk in the accounting and tax profession about the rise in the number of “R&D Tax Credits Experts” coming…

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Hello world – meet Tensei

As a slight change to what I normally write about, I thought I would introduce you to a company we have been working with for the last 3 years, who…

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Opportunities and Innovation

What innovation or opportunities have arisen in your business?

You may take our lives, but you will never take our freedom! Mmmm, well, that’s not really what’s happened over the last 15 months with Covid and all that we…

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Sustainability

Did sustainability take a back seat to survival in 2020?

Is sustainability still on your list of business priorities? As we have started the new year with encouraging news about vaccines and hopefully a more positive outlook on the year…

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Launching a new product and claiming R&D Tax Credits

Launching your new product can be more of finance boost than you think. A product launch is always a fantastic opportunity for a company to celebrate their success. However, this…

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Spring Flowers

Spring is freeing the best kept secrets!

Spring is freeing the best kept business secrets! Hopefully, your business isn’t ready to be pushing up these daffodils (I know it’s daisies but give me some artistic licence here!)…

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Our round up of 2020

Our round up of 2020

So 2020 is almost at an end! It has been rubbish hasn’t it, but there’s still time for a Christmas Bonus! Don’t let the opportunity pass your business by for…

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Innovation

If you’re still Innovating, we’re still claiming R&D Tax Credits for you!

It’s been a strange year so far, but bizarrely the quarter to March was one of our busiest and yet although April and May are always a case of after…

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Acronyms

Sybil, Baubles, Innovation and the Tax Man It could be a sketch from Fawlty Towers, but it isn’t! It’s happening right here, right now. There has been a lot of…

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R&D Tax Credits 20

R&D Tax Credits are all grown up and their nobody’s April Fool

On 1st April 2020 Research and Development Tax Relief and R&D Tax Credits will be 20 years old and we thought we should be celebrating that fact. It has also…

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Eligible Cost R&D Tax Relief

What costs can I include in my R&D Tax Relief claim?

Having given you an idea about how much your claim might be, we left you asking yourself the question “what is an eligible cost for R&D Tax Relief” When you…

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Supply Chain

R&D Tax Relief claims for the Supply Chain

How R&D Tax Relief can help your business if you are in the Supply Chain According to the December IHS Markit/CIPS UK Manufacturing PMI figures, UK Manufacturing remains in the…

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Innovation Tax Reliefs

2020 Innovation Tax Reliefs

Should I be claiming R&D Tax Relief? It’s a question a lot of business owners ask their accountant. The typical answer is probably “No, you’re not doing anything that qualifies!”…

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R&D Budget

How big is your R&D Budget?

More importantly have you budgeted for an R&D Tax Credits claim to offset some of that cost as part of your budgeting process? No? Why not? Oh, you don’t know…

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will innovation save us

Will innovation save us?

Two such stories are worthy of mention when it comes to R&D Tax Credits. The first has been driven by the Blue Planet documentary highlighting the level of plastics in…

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