Office Administrator (full-time or part-time) Hours negotiable (minimum 20 hours per week) £18,000 – £20,000 pa, pro rata (depending on experience) To assist and support us in the preparation of R&D claims, as well general administrative tasks to aid the smooth running of the office. Duties and responsibilities Support the Read more…
R&D tax credits are an initiative launched by the government in 2002. The purpose was to reward businesses that are developing a new product, process or service. You can also claim if you are modifying or improving an existing product, process or service. Innovation can exist in all sectors not Read more…
There is currently a wide-ranging review being conducted into the qualifying expenditure on research and development (R&D) activity. With the government setting a target of raising total investment into R&D to 2.4% of UK GDP by 2027, the Chancellor Rishi Sunak announced an extensive review of the system. The main Read more…
As we see businesses bounce back from the impact of Covid and access the various Government support schemes, R&D tax credits will play a vital role in helping the UK economy to recover. R&D tax credits can encourage further investment in innovation which can lead to business growth. The last Read more…
An R&D tax credit claim can provide a cash support to businesses that are developing a new product, process or service. HMRC first introduced the scheme in 2000 in an effort to reward innovation and to encourage business growth. When first launched the minimum spend on eligible R&D was £25,000 Read more…
The Government has announced a change to the R&D tax credit scheme from April 2021. A cap will be introduced in order to reduce fraudulent claims and encourage genuine innovation. What do the changes include? From 1st April 2021, the amount of payable R&D tax credit that a business can Read more…
It is possible for a start-up business to make an R&D tax credit claim. The R&D tax credit scheme was introduced by HMRC to reward innovation and encourage business growth. It is a valuable source of cash for businesses to invest in developing a new product, process or service. This Read more…
It maybe tempting to prepare your own R&D Tax Credit Claim in order to save the cost of paying a professional to complete the claim on your behalf. However, this could be a false economy as you could miss out on the full potential of your R&D Tax Credit claim Read more…
With the Government announcing various new schemes to help businesses during this unprecedented time, how will this affect their R&D tax claim scheme? As businesses are facing short-term cashflow issues now more than ever is the time to review if you are able to make an R&D tax claim. HMRC Read more…