EmpowerRD News - EmpowerRD

R&D update: 16 March 2023

An update from our Chief Client Officer, Max Glennon, on the latest changes affecting the UK’s R&D tax credit scheme. This month: Max looks at the Spring Budget on 15 March, addressing two key takeaways that directly affect the R&D tax relief: 1. The...

R&D update: 16 February 2023

An update from our Head of Tax, Jon Yeomans, on the latest changes affecting the UK’s R&D tax credit scheme. This month, topics include: Jon predicts the R&D tax credit scheme will undergo more fundamental changes in the next 18 months than the rest of...

R&D update: 18 January 2023

An update from our Head of Tax, Jon Yeomans, on the latest changes affecting the UK’s R&D tax credit scheme. This month, topics include: Recapping the changes announced in the Autumn Budget 2022. The increase in compliance-related activity from HRMC. New...

EmpowerRD’s predictions for R&D in 2023

With major changes on the horizon, 2023 marks a pivotal moment for the UK’s R&D tax relief scheme. Here’s our take on the year that was and what we expect in 2023. Hari Sandhu, CEO What happened in 2022 In 2022, HMRC published figures showing a high percentage...