Up to date statistics on R & D Tax Credit claim values in UK – 2015 - 2016 tax year

Date: 24th May 2018

Total number of claims in year  26,255  - up 19% on previous year. Total number of SME claims in year – 21,865.  Up from 17,875 in previous year.  A 22% increase. Total cost of all R&D claims in year - £2.9 billion.  £1.3 Billion going to SMEs £16.5 Billion paid out since the start of R&D Tax Credits in 2000 -2001 from a total of 170,000 claims.   Terry Toms, Managing Director
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Food Processing Magazine highlights three R&D claim examples by our clients

Date: 18th May 2018

Many food processing companies are undertaking Research and Development (R&D) and we have assisted a number of companies in this sector with their R&D tax credit claims. We were therefore delighted to provide three claim examples for a Food Processing Magazine Spotlight on Funding R&D Activities: ‘Are You Missing Out on Cash for Innovation’ published in April 2018. Download this pdf to rea...
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The Business Show 16th & 17th May 2018 - London

Date: 18th April 2018

Around 25,000 businesses will attend Europe’s largest business exhibition at London’s ExCeL on 16 & 17 May, 2018. Boasting an incredible lineup of 350 exhibiting suppliers, 250 inspirational seminars from world-class speakers and interactive masterclasses - The 39th Business Show will be the biggest and best yet. Whether you're a business owner wanting financial advice, seeking guidance, looking for a platform to network or in need of legal expertise; this event...
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RandDTax Score at Wembley !!!

Date: 4th December 2017

RandDTax is delighted to announce that we won the Business Innovation Award at the National SME Awards 2017, held at the iconic Wembley Stadium. Our success is down to the support of our fantastic clients, who normally get the awards, and the "go the extra mile" ethos of our consultants. Founded in 2012 RandDTax has grown to provide National coverage with 30 consult...
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Autumn Budget 2017

Date: 23rd November 2017

The only substantive change to the R&D Tax Credit regime in the budget were around RDEC for large company claims: Rate increase from 11% to 12% with effect from 1 January 2018. Introduction of Advanced Clearance Service (The SME scheme already has Advanced Assurance) Full details can be found in section 5.5 of the
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The SME National Business Awards 2017

Date: 12th October 2017

We are finalists in this years' SME National Business Awards, in both the Business Innovation and Most Enterprising Business Sectors.  The final will be held at the iconic Wembley Stadium in London on 1st December.   The SME National Business Awards
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How do Grants and Research & Development Tax Credits Work Together?

Date: 27th June 2017

It’s a popular myth that you cannot claim UK Government’s Research & Development (R&D) tax credits if you have received grant funding. This is not strictly true, the grant funding will change how much you can claim under the R&D schemes, but the receipt of grant funding does not rule you out from claiming R&D tax relief or credits. Many innovative and pioneering companies, especially those that are under five years old, have to secure a mix of finding from d...
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2017 Enterprise Award Winners

Date: 15th June 2017

RandDTax were proud to be a sponsor of the 2017 Enterprise Awards. The fantastic event was attended by over 400 guests in the stunning setting of the Dorchester Hotel Ballroom, Park Lane. Congratulations from all to all the nominees the standard was incredibly high & judging incredibly close. Below are the winners for the 2017 Enterprise A...
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Post Brexit Growth & R&D Tax Credits

Date: 12th May 2017

  "This is the first age that's ever paid much attention to the future, which is a little ironic since we may not have one.” - Arthur C. Clarke Predicting the fall out of Brexit is challenging but one of the horses our politicians appear to be backing is that an increased focus on Research and Development (R&D) will enable us to depending on your degree of optimism sur...
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When does Architectural Design & Engineering qualify for R&D tax credits?

Date: 20th April 2017

In the UK we have a great tradition of architectural and engineering innovation and with the advance of technology, the design process involves not just pioneering ideas but pioneering methods to test and develop those ideas. Many Architects are harnessing the latest digital technology and experimenting with using new materials. And innovation at the ideas level is often accompanied by innovation in construction methods. So it should come as no surprise that many architects and enginee...
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