Innovation Tax - Knowledge Bank

Innovation Tax have a wealth of knowledge for you to access on the R&D tax credit scheme, IP & the Patent Box, Capital Allowances and available Grant funding.

Welcome to our Knowledge Bank

At Innovation Tax we have an unmatched understanding of government innovation tax incentives such as the R&D tax credit scheme; the Patent Box and how to create commercial value from your company’s Intellectual Property; maximising your Capital Allowances on commercial assets, and Grant funding opportunities for businesses of all sizes and sectors throughout the UK. This holistic expertise together with our business acumen combine to create tangible value for our clients.

Our Knowledge Bank contains a wealth of information and learning which we are happy to share with companies looking to benefit from their innovative activities and is where we hope you will find the answers to some of the common and not-so-common questions you may have when setting out on your innovation tax incentive claim or grant funding journey.

Innovation Tax prides itself on the knowledge, experience and dedication of a team containing Government Tax Incentive & Grant specialists, Technical experts, Intellectual Property lawyers and Tax professionals. Each client claim or funding application that we undertake is compiled robustly and in line with the prevailing legislation in order to maximise the benefit for our clients and is subjected to our comprehensive quality assurance protocols to ensure it passes through the claim or grant application process as efficiently as possible.

The Merged Research and Development Tax Scheme & Recent Changes
Knowledge Bank, R&D Tax Credits
The Merged Research and Development Tax Scheme & Recent Changes
The research and development (R&D) tax relief system is undergoing a significant overhaul, with the government unveiling a series of changes aimed at simplifying the relief. Effective from April
Research and Development – Autumn Statement 2023
News and Events, R&D Tax Credits
Research and Development – Autumn Statement 2023
Introduction The UK government is reforming Research and Development tax reliefs from April 2024 to simplify and improve the system. The changes include merging the RDEC and SME schemes
Unleashing Funding Potential: Grant Applications with Innovation Tax
Grant Funding, Innovation Funding, News
Unleashing Funding Potential: Grant Applications with Innovation Tax
Unleashing Funding Potential: Grant Applications with Innovation Tax Are you an innovative entity seeking to propel your project or business forward but stumped by the financial roadblock? Don’t worry!
R&D Tax Credits for cloud computing and data licenses Post April 2023
Knowledge Bank, R&D Tax Credits
R&D Tax Credits for cloud computing and data licenses Post April 2023
R&D Tax Credits for cloud computing and data licenses Post April 2023 A Pivotal Change in R&D Tax Credits Innovation isn’t just about creating new technologies, it’s also about
Unlocking Potential with R&D Tax Credits for Mathematics: Changes and Opportunities
Knowledge Bank, R&D Tax Credits
Unlocking Potential with R&D Tax Credits for Mathematics: Changes and Opportunities
Unlocking Potential with R&D Tax Credits for Mathematics: Changes and Opportunities Introduction Pure mathematics is often viewed as an abstract and theoretical field. However, its impact reaches far beyond
A guide on R&D Tax terminology used by HMRC
Knowledge Bank, R&D Tax Credits
A guide on R&D Tax terminology used by HMRC
HMRC’s definition of R&D for tax purposes, as detailed in the BEIS (Department for Business, Energy and Industrial Strategy) guidelines published in March 2004 and updated in December 2010, states that
R&D Tax Credits for the Food and Beverage Sector
R&D Tax Credits
R&D Tax Credits for the Food and Beverage Sector
R&D Tax Credits for the Food and Beverage Sector Many companies in the food & beverage industry can gain significant amounts of funding from R&D Tax Credits The Food
R&D Tax Credits for the Construction Sector
R&D Tax Credits
R&D Tax Credits for the Construction Sector
R&D Tax Credits for the Construction Sector More companies in the Construction industry could benefit from significant funding from R&D Tax Credits With over 325,000 registered firms operating within
R&D Tax Credits for the Software Sector
R&D Tax Credits
R&D Tax Credits for the Software Sector
R&D Tax Credits for the Software Sector Software technology is advancing at an ever-increasing rate as the need for people, businesses and ultimately data to be connected to each
How do R&D Tax Credits impact the Engineering sector?
R&D Tax Credits
How do R&D Tax Credits impact the Engineering sector?
How do R&D Tax Credits impact the Engineering sector? UK companies in the Engineering sector could benefit from significant funding through the R&D Tax Credit scheme The UK engineering
R&D Tax Credits for the Agricultural sector
R&D Tax Credits
R&D Tax Credits for the Agricultural sector
R&D Tax Credits for the Agricultural Sector Many more companies in the Agricultural & Horticultural sector could benefit from funding from R&D Tax Credits The agricultural and horticultural sectors
Myths and Misconceptions about claiming R&D Tax Relief
R&D Tax Credits
Myths and Misconceptions about claiming R&D Tax Relief
Myths and Misconceptions about claiming R&D Tax Relief Why do so many companies miss out on significant amounts Government funding through the R&D Tax Credit scheme? At Innovation Tax,

HOW CAN WE HELP?

We hope you’ll find the answers to some of the questions you may have when setting out on your claim or funding journey, but if you can’t find what you’re looking for or have a specific challenge you would like to discuss we’ll be happy to help.

Start the conversation with a complimentary, no-obligation consultation