HMRC made an interesting change to its Corporate Intangibles Research and Development Manual on 25 August 2026. The change concerns CIRD151000 and the circumstances in which expenditure on R&D undertaken
HMRC has announced the launch of a new targeted Advance Assurance pilot for R&D tax relief claims, beginning on 18 May 2026 and running for an initial 12 month period.
No great shock here then. The recent tribunal decision in Beer Express Ltd v HMRC is another reminder that R&D tax relief claims must be built on genuine technical substance,
Over the past couple of months there has been no major headline change to R&D tax relief rates or structure. That in itself is notable. Instead, what we are seeing
Recently I spoke with two international businesses, one Dutch and one Korean. Both were involved in oncology clinical trials. Both were deciding where to run the next phase of development.
HMRC has issued an email alongside an update to the Corporate Intangibles Research and Development Manual. The email is explicit on a critical point. There has been no change to
As 2025 draws to a close, it is clear that this has been one of the most consequential years for UK R&D tax relief since the original SME and RDEC
The 2025 Budget makes it clear that research and development remains central to the United Kingdom’s growth strategy. There are no dramatic headline changes to R&D tax relief rates. However,
The new merged R&D scheme, effective for accounting periods beginning on or after 1 April 2024, reduces the benefit for many SMEs. However, Enhanced R&D Intensive Support (ERIS) continues to