by Brian Cookson | Nov 24, 2020 | R&D Tax Credits
Under the UK R&D Tax Credit programme, R&D costs incurred for work done around the world can qualify for R&D tax relief. This is a very generous aspect of the programme but one that was subject to abuse. Companies outside the UK, with no real business...
by Brian Cookson | Nov 10, 2020 | R&D Tax Credits
The R&D tax credit programme has now been in existence for about 20 years. Based on our experience in other countries like Canada, where the R&D tax credit program has been in existence for 35 years, one can better predict what is coming. Generally the first...
by Seun Adegboye | Nov 4, 2020 | R&D Tax Credits
Claiming R&D tax relief requires a set of specific scientific and technological skills rather than number crunching activities to maximise claims. Most companies have firms that strictly focus on tax and audit services. And often times, companies believe that...
by Seun Adegboye | Oct 28, 2020 | R&D Tax Credits
1. Assess your present adviser’s experience of the tax industry The starting point is to determine a tax adviser’s tax qualifications and experience. Are they chartered tax advisers? Does a “specialist” service provider ask you what you believe is eligible? Does the...
by A.K. Hajee | Feb 1, 2020 | R&D Tax Credits
Most companies are now aware that Research and Development (R&D) tax credits are a government sponsored programme designed to reward UK companies for investing in innovation. The programme is designed to be a valuable source because meeting R&D Tax Credits...
by A.K. Hajee | Jan 12, 2020 | R&D Tax Credits
When the Research and Development tax credit programme was first made available to taxpayers, companies were unable to claim a payable cash credit if they had not paid any PAYE and NIC. In other words, if a company did not have any salaried employees and were...
