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.

Patent Box Relief Statistics 2025: Key Findings from HMRC’s Latest Release
HMRC & General Statistics, News and Events, Patent Box
Patent Box Relief Statistics 2025: Key Findings from HMRC’s Latest Release
Introduction Patent Box Relief Statistics 2025 HM Revenue & Customs (HMRC) has published its Patent Box Relief Statistics: September 2025, providing a detailed look at how many companies are
HMRC CIRD Manual Updates (Aug 2025) on R&D Relief: What changed and what to do now
R&D Schemes, R&D Tax Credits
HMRC CIRD Manual Updates (Aug 2025) on R&D Relief: What changed and what to do now
HMRC CIRD Manual Updates on R&D Relief – Aug 2025 HMRC quietly pushed a fresh round of edits across parts of the Corporate Intangibles Research & Development (CIRD) manual
Major HMRC Changes for Tax Agents: Education, Registration, and Expert Guidance
Knowledge Bank, R&D Schemes, R&D Tax Credits
Major HMRC Changes for Tax Agents: Education, Registration, and Expert Guidance
Introduction – HMRC Changes for Tax Agents HMRC Changes for Tax Agents HM Revenue & Customs (HMRC) has recently introduced significant changes in how it works with tax agents
Merged RDEC and ERIS Incentives
R&D Tax Credits
Merged RDEC and ERIS Incentives
Merged RDEC and ERIS Overview of the Merged RDEC and ERIS Incentives Merged RDEC and ERIS In April 2024, the UK overhauled its Research & Development (R&D) tax relief
Research and Development Claim Notification Guide (2025)
Knowledge Bank, R&D Tax Credits
Research and Development Claim Notification Guide (2025)
The UK’s Research and Development (R&D) tax relief scheme incentivises innovation by allowing companies to reclaim costs associated with qualifying R&D activities. However, recent reforms, effective for accounting periods
R&D Tax Credits | Subcontracted and Subsidised Expenditure (2025)
Knowledge Bank, R&D Tax Credits
R&D Tax Credits | Subcontracted and Subsidised Expenditure (2025)
Subcontracted and Subsidised Expenditure Introduction HM Revenue & Customs (HMRC) has rolled out significant updates to its R&D Tax Credit guidance, specifically addressing subcontracted R&D work and subsidised R&D
Technology Readiness Level’s (TRL’s) and Securing Funding
Grant Funding, Knowledge Bank
Technology Readiness Level’s (TRL’s) and Securing Funding
Introduction Bringing a groundbreaking technology to life is an exhilarating journey, but it comes with its fair share of challenges. One crucial aspect of this process is understanding the
Merged Research and Development Tax Scheme & Recent Changes
Knowledge Bank, R&D Tax Credits
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
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
R&D Tax Credits for Mathematics: Changes and Opportunities
Knowledge Bank, R&D Tax Credits
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

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