HMRC regularly highlights a set of recurring errors that companies make when submitting R&D Tax Credit claims. These mistakes often lead to claims being reduced, delayed, or challenged. Here is what HMRC states are the main errors made by companies: 1. Projects do...
Companies Are Still Unaware They Are Missing the Deadline In the past few weeks, we have unfortunately had to inform some companies that they are not eligible to file an R&D Tax Credit claim for their accounting period ending 30th April 2025. This was because they...
R&D Tax Credit programmes are vital tools used by governments to incentivise business innovation. About 34 of 38 OECD countries provide favourable tax treatments for R&D, recognising the role of innovation in trade, economic growth, and global competitiveness....
Over the past few years, there have been several significant changes to the R&D Tax Relief schemes regarding contractor fees. As a general rule, 65% of contractor fees paid to an arms-length (non-linked) company are an eligible R&D expenditure. For a linked...
This month we wrote an R&D case study on a large company setting up operations in the UK. Here we explain what we did at the start, right through to the end and what the result was. Case Study – Background A large company setting up operations in the UK...
What Counts as R&D for Tax Credit Purposes? R&D Tax Credits are a valuable government incentive designed to reward businesses for investing in developing new products and processes. However, one of the most common questions businesses ask is: What exactly...
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