R&D CHANGES HOKEY COKEY – WHERE ARE WE NOW?
In what feels like (and most likely is) the third version of this article we’ve had to do, we thought it would be helpful to summarise exactly where we’ve got to with the various proposed R&D changes, as we head towards 1 April 2023. Further clarifications have come in, older updates are out, and as […]
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PATENT BOX – A PRESENT WORTH OPENING
At the moment the spotlight is very firmly on R&D Tax Relief with lots of discussion around the new rules and a change in the rates proposed from next April. Hiding in its shadow is another Tax Relief which is set to become even more beneficial for businesses who use it – Patent Box. The […]
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R&D CHA-CHA-CHA-CHANGES
The Chancellor’s recent Autumn Statement contained a few changes on R&D (mainly around rates) but I’ve seen quite a few commentaries that seem to have forgotten it’s only a part of the story, in terms of what’s going on at the moment. Terms such as “disappointing” and “lazy” have been bandied around. But there’s more […]
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Times articles have R&D industry spooked
31 October 2022
Nicely timed for Halloween, The Times has certainly stirred the cauldron over this weekend by opening the closet and throwing some skeletons out of it!...
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PATENT BOX BENEFITS
21 October 2022
You’ve probably heard of R&D tax credits and may even have made claims. But have you come across Patent Box? Your business could benefit. Put...
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WHAT THE FUTURE OF UK ENERGY MEANS FOR YOU
21 October 2022
Businesses constantly have to adapt to the world’s ever-changing problems. You may be wondering exactly how to grasp technology and ‘get ahead’ to create better,...
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MINI BUDGET AND R&D
21 October 2022
Since the mini budget on 23 September there have been a number of subsequent policy yo-yos. And who knows what the expected financial statement from...
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FURTHER CHANGES TO THE R&D REGIME
20 October 2022
Well things certainly don’t stand still when it comes to government policy around R&D. Back in July we updated you on forthcoming changes that were...
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From Shakespeare to Lara Croft & Line of Duty Creative Sector Tax Reliefs
17 August 2022
Did you know the creative industries contributed £115.9 billion to the UK economy according to government figures? Employing around 2 million people. It’s a growing...
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INCREASE IN CORPORATION TAX RATES EQUALS MORE INCENTIVE TO CLAIM R&D INCENTIVES
22 July 2022
Rishi Sunak announced a planned increase in Corporation Tax rates to 25% from 1 April 2023. This is a sharp hike from the current rate...
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HMRC CLAMP DOWN HARD ON R&D FRAUD
11 July 2022
For years the R&D incentives have been the most generous benefits left in the corporate tax legislation. The reputation of the R&D advisory industry has...
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Spring Statement – Reform of the R&D tax credits regime
23 March 2022
The Chancellor used the 2022 Spring Statement to announce that he is introducing a tax plan to create a stronger, more secure economy for the...
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