R&D Tax Credits blogs
RDP Associates talks about many R&D topics in our R&D Tax Credit blogs. We talk about updates, changes and fraudulent cases. Stay up to date with anything within the R&D programme by subscribing to our mailing list.
Why Companies Switch R&D Tax Credit Service Providers and Why It Has a Lot to Do with the Recent Changes of the R&D Tax Credit Programme
Given the R&D Tax Credit Programme has been around for over 25 years, most companies know of the programme and in general are able to determine when they are not getting good service or proper advice from their R&D tax credit service service provider (“service...
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What To Do If You Receive This Response from HMRC?
So, you’ve filed a claim for R&D Tax Relief and patiently waited for HMRC to issue your tax credit refunds. Then you receive a response from HMRC with the following: “The BIS Guidelines refer to an advance in science or technology as an advance in overall...
Why Partnering with an R&D Tax Credit Provider Helps Your Bottom line
Over thirty years ago I left EY with the goal of starting up my own accounting firm. By far the best way I found new clients was by offering R&D tax credit services. I found assisting clients with R&D tax credit claims to be a value-added service. As a...
UK Fintechs: Funding Opportunities for a Leading Tech Sector
Too Early To Call It would be too early to claim that London’s banking giants have become a shadow of their former selves simply because FinTechs in UK are taking this well-entrenched industry by a disruptive storm. FinTechs have been leveraging powerful multi-mode...
How to Leverage UK Small Business Grants
Navigating the landscape for R&D grant funding can seem like a daunting task. Companies seeking small business grants for support to grow and innovate can potentially access millions of pounds in government subsidies, but must go through layers of programming to...
Claiming Contracted and Funded R&D Work for Tax Credits
Whether you are new to R&D tax credits or have been claiming regularly, the R&D Tax Relief programme is not always straightforward to figure out and the rules can be confusing to taxpayers. We frequently receive questions from companies, both those new to the...
Why It’s a Challenge to Choose the Right R&D Tax Credit Provider
When it comes to selecting an R&D tax credit provider, the task is usually assigned to a company’s CFO, or in smaller organizations, the owner. The selection process is typically based on receiving recommendations from a trusted advisor, business associate or,...
How to Prepare for R&D Tax Credit Relief
Research and Development (R&D) tax credit relief by the Government of the United Kingdom is becoming increasingly popular among UK businesses as more companies explore its benefits. However, there are many businesses that, due to a lack of expertise in R&D tax...
R&D Tax Credit Best Practices: Why You Should Not File for R&D Tax Credits…
…If There is No Expert Advice Involved For those businesses that have been trading since 2000 and fortunate enough to take advantage of RDEC accounting treatment for the last 17 years, their R&D activities have resulted in greater investment in the innovation...
New HMRC Rules for R&D Software Based Claims
Her Majesty Revenue and Customs (HMRC) is responsible for administering and processing R&D tax credit claims through the corporation tax system. R&D tax credits have increased significantly over the last several years, and today UK businesses can reduce or...