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For innovative companies, R&D tax credits can be the key to unlocking growth, but the claims process can be complicated. Tracking qualifying activities, managing costs,
Last year, artificial intelligence (AI) garnered significant attention, leading to a surge in companies seeking R&D tax credits for their AI initiatives. However, the complex
In today’s era of technological advancements and the urgent need for sustainability, the climate tech market in the UK emerges as a shining example of
Introduction In the ever-changing business landscape, Research and Development (R&D) serves as the driving force behind innovation and progress. It is the key that unlocks
Yesterday, HMRC released the Annual Report and Accounts for 2022-23, which unveiled concerning trends of suspected “fraud and error” related to R&D Tax Credit schemes.
Did you know you can claim money on your innovative projects in science and technology? The UK R&D tax credit scheme is a government incentive
Want to know how the UK’s innovation activity and global industrial performance compare to other countries? The Cambridge Industrial Innovation Policy annual UK innovation Report
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
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
Last year, a House of Lords subcommittee initiated an inquiry into the proposed R&D tax credit scheme reforms. After reviewing responses, they released their final
On September 29 HMRC released the latest official R&D tax credit statistics 2022. They confirm that innovation continues to be key to the success of
The latest HMRC annual report and accounts document for 2021/22 estimates that error and fraud in the R&D tax relief scheme is 4.9% of the
