Knowledge Base

Connected party blog

What is the impact of ‘connected party’ rules on subcontractors and externally provided workers when claiming R&D tax relief

One of the most generous aspects of the SME R&D tax relief claim is that companies can claim for subcontractor costs and externally provided workers (EPWs), commonly known as agency workers. However, claimant companies, especially SMEs, often find themselves dealing with ‘connected party’ rules. There are a number of ways that two businesses may be …

What is the impact of ‘connected party’ rules on subcontractors and externally provided workers when claiming R&D tax relief Read More »

sustainability and research and development blog post

On the Economics of R&D, Sustainability, and Planting Trees in Whose Shade You’ll Never Sit

The appearance of sustainability and greenness is important to businesses. From petrochemicals to probiotics, modern publicity campaigns seem incomplete without a diverse gallery of smiling people. All living in the moment, surrounded by nature, and blessed with eternal sunshine. It’s no coincidence either. We’re suckers for emotional arguments, and that’s part of what makes us …

On the Economics of R&D, Sustainability, and Planting Trees in Whose Shade You’ll Never Sit Read More »

Are you a tech business? Then you should be claiming back your development costs.

Are you claiming back up to 33% of your development costs?  It’s a shame when brilliant ideas are left in limbo before they are able to come alive because of financial constraints. Did you know that most founders underestimate how much time their startup will need to achieve market validation by 2-3 times? What if …

Are you a tech business? Then you should be claiming back your development costs. Read More »

R&D tax relief

How R&D tax relief can help alleviate financial strain due to Coronavirus

Can R&D tax relief be a lifeline for your business? Small and medium-sized enterprises (SMEs) are the lifeblood of the UK’s economy so don’t let the name fool you. According to the Department of Business, Energy and Industrial Strategy (BEIS), 99.9% of the UK’s business population are SMEs, which means large businesses only make up …

How R&D tax relief can help alleviate financial strain due to Coronavirus Read More »

costs

What costs qualify for SME R&D tax relief?

For a business to successfully claim R&D tax relief benefits, it needs to understand what are the qualifying costs. HMRC has a specific guideline of the type of costs that are eligible and not eligible for the R&D tax credit.

tax credit

All you need to know about RDEC vs SME R&D Tax Credit, and what’s the difference?

A company that is undertaking innovative research and development work may be eligible to claim R&D Tax Credit under one of two schemes Research and Development (R&D) tax credit is a valuable government tax initiative that is designed to encourage and reward companies investing in R&D projects that will help further knowledge in a given …

All you need to know about RDEC vs SME R&D Tax Credit, and what’s the difference? Read More »