There is now one merged R&D scheme for small and large companies instead of two separate schemes. In the accounting period beginning after 1 April 2024, everyone planning to claim R&D Tax Credits will be affected by the change.

Previously over-claimed R&D tax relief can now be disclosed through a new service offered by HMRC. As a result of concerns about the high level of errors and fraud in R&D claims, the new service has been launched.

Having a specialist accountant on board can add tremendous value to IT and tech companies. A tech accountant can help you identify specific tax reliefs, manage your cash flow efficiently, and find innovative ways to grow your company.

Parliament heard the Chancellor's Budget statement on Wednesday, 6 March. Several measures were relevant to small business owners and self-employed people. We have rounded up some of the key announcements that may affect you:

The Chancellor has today (4 March) announced a significant investment package in the UK’s life sciences and manufacturing sectors.

We've got you covered when it comes to R&D taxes. In this comprehensive article, we look at everything you need to know when making your claim.

Our team of specialists will ensure your claim is fully compliant so you receive all the funding you're entitled to.

There were a number of changes announced in the Spring Budget in March that affected R&D Tax Relief. The question is, what are they and how can you prepare for them?

A business that invests in innovation and develops new processes, products, or services may benefit from research and development (R&D) tax relief. To make informed financial projections, you will need to understand exactly how the R&D tax relief regime works after April 2023 and April 2024.

From April, the government will introduce new rules for R&D.

In recognition of the importance of innovation in driving growth in the UK, HMRC has given tax breaks to businesses that create new products and services through research and development (R&D).