Research and Development
R&D Clearances: Are Changes Coming for Advance Assurance?
September 3, 2025R&D Clearances: Are Changes Coming for Advance Assurance? For many UK companies, Research & Development (R&D) tax relief remains one of the most valuable incentives available. However, due to rising fraud and compliance risks, HMRC has tightened the rules significantly in recent years — and more changes, such as R&D Clearances, may be on the
Read More Have You Overclaimed R&D Relief?
March 4, 2025Have You Overclaimed R&D Relief? What You Need to Know and How to Correct It Research & Development (R&D) tax relief has been a valuable incentive for businesses investing in innovation. However, over recent years, HMRC has significantly tightened its scrutiny of R&D claims, leading to stricter compliance requirements. If your business has claimed R&D
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R&D Tax Breaks: How Innovative Businesses Can Save Thousands on Tax
February 25, 2025R&D Tax Breaks: How Innovative Businesses Can Save Thousands on Tax If your company is engaged in innovation, research, and development, you could be missing out on a valuable tax relief opportunity. The UK government provides generous R&D tax breaks to companies that invest in developing new products, services, or production methods. For many small
Read More Research & Development Claims: The Current Controversy
December 16, 2024Research & Development Claims: The Current Controversy The Research and Development (R&D) tax relief regime has become a contentious topic, with HMRC intensifying scrutiny of claims over the last few years. This targeted approach has raised questions about the competence of both claimants and HMRC officers, leading to several tribunal cases that highlight recurring challenges
Read More R&D requires expertise
September 5, 2024R&D Requires Expertise The UK offers generous tax reliefs to encourage Research & Development (R&D). However, these benefits are only available when the work carried out meets specific and tightly defined HMRC criteria. A recent tax tribunal case highlighted just how strictly those rules are applied — and how easy it is for a company
Read MoreResearch and Development Tax Reliefs
July 8, 2024Navigating Changes in Research and Development (R&D) Tax Reliefs The landscape of Research and Development (R&D) tax reliefs is evolving. With new regulations aimed at streamlining processes and reducing abuse of the system. This article explores the recent changes and how businesses can navigate these new regulations to continue benefiting from R&D tax incentives. Understanding
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Major changes to R&D reliefs
September 21, 2023R&D reliefs There have been major tax incentives for research and development expenditure for many years. Until recently, HMRC has adopted a ‘light touch’ approach to compliance in this area. However, those days are now over, as Finance Act 2023 introduces a number of changes, including more onerous compliance rules. The main changes are outlined
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Tax relief from Research and Development
February 5, 2023Companies that invent new production methods or products can claim enhanced tax relief for the Research and Development (R&D) costs. The enhanced expenditure scheme for small and medium-sized enterprises (SMEs) increases qualifying expenditure by 130%. So that for every £100 spent, the company enjoys a deduction of £230 from taxable profits. This may create
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