Research and Development Archives

R&D Tax Credits are a valuable source of Government funding which provides relief against Corporation Tax (CT) by either reducing your liability in current, prior or future years or, if you are loss-making for tax purposes, may entitle you to receive a cash tax credit payment.

Research and Development

Myths and Misconceptions about claiming R&D Tax Relief

At Innovation Tax, we regularly ask new clients for any specific reasons why they have not assessed their eligibility to make R&D Tax Relief claims prior to meetin...

Research and Development

R & D in Manufacturing

In the fast-moving world of smart technology, the ability to innovate and adapt to customer requirements is an essential weapon in the manufacturers’ armoury...

Research and Development

Is your R&D Tax Relief claim fully compliant?

The UK Government introduced R&D Tax Relief more 20 years ago to incentivise businesses to invest in innovative activities, since when over 300,000 claims have bee...

Research and Development

Increase in the RDEC rate to 13%

With the upcoming budget around the corner, we take a look at the proposed changes by the Conservative Party on Innovation Tax Incentives. Firstly, in the manifesto...

Research and Development

R&D Tax Relief supporting spend by UK businesses on innovation

There are many funding and grant schemes available which allow businesses to accelerate new ideas through product development and provide a cashflow injection to suppo...

Research and Development

Learn More About The Research and Development Expenditure Credit scheme

At a time when the UK Government is trying to drive internal investment within the UK, Research and Development (R&D) and Innovation remains a key part of their s...

Research and Development

R&D Tax Relief for Innovation

Research and Development Tax Relief is a great way of incentivising companies who are making investments on new or improved product development, process improvement, s...

Research and Development

Understanding the importance of R&D Tax Claims and R&D Funding

Technology is evolving daily, leveraged by businesses to secure competitive advantage and well-positioned to upgrade the lives of the global family. Research and Devel...