by Brian Cookson | May 10, 2021 | R&D Tax Credits, UK R&D tax credits
When it comes to R&D tax credits under the SME scheme, the area of contracts and subsidies is very complicated, confusing and often misunderstood. HMRC knows this and has a current campaign to review SME R&D tax credit claims that are likely to run afoul of...
by Seun Adegboye | Apr 20, 2021 | Innovation, R&D Tax Credits
The process of R&D, which includes technological advancements and improvements, involves finding new growth opportunities for your company. Today’s business environment is constantly changing, and these changes are a reality that companies need to implement...
by A.K. Hajee | Mar 30, 2021 | R&D Tax Credits
HMRC recently reported that approximately 15%-20% of R&D claim submissions were submitted without the support of an R&D tax credit speciality firm, such as RDP Associates. More likely than not, it is a by-product of several large accounting firms promoting...
by A.K. Hajee | Mar 16, 2021 | Government Funding, R&D Tax Credits
The short answer is yes. However, most claimants are under the impression that benefiting from both is not possible. There are two methods for claiming R&D tax credits, one under the SME scheme and the other is the Research and Development Experimental Credit...
by Brian Cookson | Mar 10, 2021 | Government Funding, Grants, R&D Tax Credits
Last week, Chancellor Rishi Sunak unveiled his latest Budget statement in the House of Commons. From a big picture perspective, I think the best news in the budget, from a government assistance viewpoint, is that the government is committed to raising the total...
by Seun Adegboye | Feb 9, 2021 | R&D Tax Credits
For all small and medium sized accounting firms, how confident are you that your clients and/or the R&D tax credit providers you are working with are claiming all eligible projects, activities, and costs? Given the new legislation rules, fraudulent claims that...
