Proposed R&D Tax Credit Scheme Could Harm SMEs

By |March 8th, 2020|Tags: , , , , |

A statement released by the BioIndustry Association (BIA) highlights the potential harm the proposed changes to the R&D tax credit schemes could have on small and medium-sized enterprises (SME). The government is proposing to introduce a cap on the value of cash payments that loss-making SMEs can receive through R&D tax credits. This would be [...]

UK-based Start-up Specialising in Carbon Separation Technology has Secured £12.3 Million in Investments

By |February 18th, 2020|Tags: , , , |

Three global investors, WAVE Equity Partners, Chevron Technology Ventures and Marubeni Corporations, have invested £12.3 million in UK carbon dioxide separation technology innovator, Carbon Clean Solutions Limited (CCSL). CCSL, a UK-based start-up founded in 2009, is pioneering the way of developing affordable carbon capture technology for utilisation and storage, as used by steel, cement, refining [...]

Corporate Tax Relief on R&D for Small or Medium-Sized Enterprises

By |February 17th, 2020|Tags: , , , , |

Corporate Tax relief may be available for your small or medium-sized enterprise (SME) for costs incurred on research and development (R&D). R&D relief allows SMEs that carry out qualifying R&D related to their trade to claim an extra Corporate Tax deduction for certain qualifying expenditure. You can make a claim for R&D relief up to [...]

Changes to R&D Tax Credit Claim Filing Process From 1 April 2019

By |February 17th, 2020|Tags: |

From 1 April 2019, R&D tax credit claims must be accompanied by a CT600 and full computation. A claim for R&D Relief up to 2 years after the end of the accounting period it relates to can be claimed by entering your organisation's enhanced expenditure into the full CT600 form. HMRC has implemented this change to [...]

When it comes to R&D, ‘incurred costs’ and ‘paid costs’ are two different things in the eyes of HMRC.

By |November 22nd, 2019|Tags: , , , |

Any company engaging in R&D activities and claiming tax relief will have claimed in one, if not many, eligible cost categories. Naturally, each category has a set of requirements and it's important to know what these are. For a number of categories 'incurred costs' and 'paid costs' are not the same things. In simple terms, some [...]

Significant R&D collaboration between Ireland and the UK

By |June 28th, 2019|

U.K. boosts research and development drug funding

By |June 28th, 2019|

What is needed to achieve R&D innovation growth

By |June 28th, 2019|

Companies that have the best reputation as innovators aren’t necessarily those that spend the most on R&D

By |June 28th, 2019|

Higher Education Research & Development

By |June 28th, 2019|