Full details of the autumn statement changes can be fund here. What is an R&D Tax Credit? R&D claims create an additional deduction in the tax computation. The current rate
The Government obviously relies heavily on statistics in its decision making. Good statistics are essential. The problem when analysing and making decisions about the R&D schemes is that a lot
The autumn statement brought grim news for SMEs as the Government cut the SME R&D schemes. The additional deduction rate was cut from 130% to 86% and the R&D Tax
There have been 3 distinct periods with specific themes for the R&D schemes. 2002-2009 –Little was known or understood by most companies or accountants about the schemes and there were
The main takeaway from these new statistics is the 10% decrease in the average claim value. This may be due to the impact of the COVID-19 pandemic, which could have
HMRC and the Government did a fantastic job during the pandemic of keeping R&D Tax Credit processing times in line with the Key Performance Indicator (KPI) of 95% in 28
What is legislation day? This is when the Government publish draft clauses from the next Finance Bill, giving stakeholders a chance to comment and influence the final legislation, ahead of
This area of R&D claim compliance is one of the most difficult as a lot of misperceptions exist. I am going to look at two examples of interactions I have
A recent report found that “Across the UK, 2021 saw record levels of equity investment, in terms of both the volume and value of deals completed” (https://www.beauhurst.com/research/high-growth-london/). I’ve taken a