
R&D Tax Relief changes
HMRC is currently scrutinising claims for R&D tax relief, following increased media attention and parliament focus. The government has recently made its first steps towards reforming the R&D tax relief scheme, but the biggest changes are due to come into force on 8 August 2023.

Research and Development Alert - R&D Tax Credit payments
HMRC announced yesterday that some R&D Tax Credit payments will be suspended whilst it investigates fraud and abuse of the incentive programme.

Key differences between the SME and RDEC schemes?
The Research and Development (R&D) tax relief schemes can provide valuable reliefs and tax credits to innovative companies. The two schemes are the Research and Development Expenditure Credit (RDEC) scheme, and the Small and Medium Enterprise (SME) scheme, with differing levels and methods of reliefs. It is important to know which of these schemes your company falls into when making a claim but making that determination can often be complex.

R&D Tax Relief: FTT ruling to benefit SME claimants
R&D tax credits can provide vital support to innovative businesses. The scheme available to small and medium sized enterprises (SMEs) can provide an enhanced deduction (up to 230% of qualifying expenditure) against taxable profits and/or a cash repayment.

Too many East Anglian businesses missing out on valuable R&D tax reliefs, says regional expert.
Many East Anglian businesses are missing out on generous research and development tax reliefs because they don’t realise they are eligible – or even that they are carrying out R&D in the first place. That is the view of one of the region’s leading R&D tax experts, who is leading a special webinar next month with the aim of helping more firms to access the valuable tax breaks.

Norfolk's Tech sector well-set to take advantage of latest Government business support announcement
A £1.25 billion initiative to help businesses driving innovation and development through the coronavirus crisis could make a big impact on Norfolk’s burgeoning tech sector.