R&D Tax Credits

A one-stop shop for the latest legislation-related updates

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.

Is your business eligible for R&D Tax Credits?
News and Insights, R&D Tax Credits
Is your business eligible for R&D Tax Credits?
Check out our latest article on page six of the BBP Media Midlands edition, highlighting the importance of businesses assessing their eligibility to claim R&D Tax Credits.
Which Food & Beverage activities qualify for R&D Tax Credits?
R&D Tax Credits
Which Food & Beverage activities qualify for R&D Tax Credits?
The Food & Beverage industry is the UK’s largest manufacturing sector (larger than Automotive and Aerospace combined), contributing £31.1bn to the annual economy and employing over 450,000 people. Furthermore,
Which Construction activities qualify for R&D Tax Credits?
R&D Tax Credits
Which Construction activities qualify for R&D Tax Credits?
With over 325,000 registered firms operating within the sector, the construction industry generates around £120bn, or 6% of GDP, to the UK economy according to House of Commons Briefing
Which software development activities qualify for R&D Tax Credits?
R&D Tax Credits
Which software development activities qualify for R&D Tax Credits?
Software technology is advancing at an ever-increasing rate as the need for people, businesses and – ultimately – data to be connected to each other becomes more imperative, a
How do R&D Tax Credits impact the Engineering sector?
R&D Tax Credits
How do R&D Tax Credits impact the Engineering sector?
  The UK engineering sector is awash with innovative activity, with companies constantly investing in ground-breaking methodologies to overcome a wide range of challenges to develop new concepts, as
How can R&D Tax Credits help the Agricultural sector?
R&D Tax Credits
How can R&D Tax Credits help the Agricultural sector?
  The agricultural and horticultural sectors are continuously evolving, with many companies striving to increase efficiency, reduce wastage and improve new and existing products. This has resulted in many
Myths and Misconceptions about claiming R&D Tax Relief
R&D Tax Credits
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 meeting with
R & D in Manufacturing
R&D Tax Credits
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, hence flexibility has never
Is your R&D Tax Relief claim fully compliant?
R&D Tax Credits
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 been made and over
Increase in the RDEC rate to 13%
R&D Tax Credits
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 leading up
R&D Tax Relief supporting spend by UK businesses on innovation
R&D Tax Credits
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 support business growth. Research and
Learn More About The Research and Development Expenditure Credit scheme
R&D Tax Credits
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 strategy

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