From 1 April 2024, the UK’s two R&D tax relief schemes—the SME scheme and the RDEC—were replaced by a single merged regime. The new rules apply in full to all
The merged UK R&D scheme simplifies much — but for Northern Ireland, ERIS introduces unique advantages and revived State aid complexities depending on your trade The UK’s R&D tax relief
A recent tax tribunal decision has allowed a company to retain £335,000 in R&D tax relief, even though the projects it claimed for were later judged not to qualify. This
Sometimes a policy is so fundamentally flawed that resurrecting it feels like the plot of a tired sitcom. HMRC’s current consultation on reforming the Advance Assuance/Clearance process for R&D tax
Introduction With the introduction of the UK’s new merged R&D tax relief regime for accounting periods beginning on or after 1 April 2024, most companies now fall under a unified
HMRC has launched a consultation that may reshape the way companies engage with R&D tax relief in the early stages of their claims. Entitled “R&D Tax Relief: Advance Clearances”, the
In their sobering article ‘A horrible situation’: the entrepreneurs caught in R&D tax credit debacle, published in the Financial Times on 14 March 2025, journalists Emma Agyemang and Kieran Smith
Introduction Research and Development (R&D) tax incentives play a vital role in fostering innovation and economic growth. Countries worldwide use tax credits, grants, and direct funding to support companies investing
HM Revenue & Customs (HMRC) has today updated its guidance on R&D tax relief, specifically addressing subsidised expenditure (CIRD81650) and subcontracted activities (CIRD84250). These changes were made in response to