INSIGHTS
Here are some of our latest insights
  • Innovation
  • 0 Comments

Innovation Tax Incentives & Grants

Read More
  • Research and Development
  • 0 Comments

Research and Development Tax Relief supporting spend by UK businesses on R&D

Read More
  • Research and Development
  • 0 Comments

Learn More About The Research and Development Expenditure Credit scheme

Read More
  • Research and Development
  • 0 Comments

Research and Development Tax Relief for Innovation

Read More
  • Uncategorized
  • 0 Comments

Learn More About Capital Allowances Tax Relief

Read More
  • Uncategorized
  • 0 Comments

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

Read More
  • Uncategorized
  • 0 Comments

Keen to know more about Patent Box relief?

Read More
  • Uncategorized
  • 0 Comments

HMRC Patent Box Statistics 2019

Read More
  • Uncategorized
  • 0 Comments

HMRC Capital Allowance Statistics 2019

Read More
  • Uncategorized
  • 0 Comments

HMRC R&D Tax Credit Statistics 2019

Read More
  • Uncategorized
  • 0 Comments

Need quick professional help in claiming Capital Allowances Tax Relief?

Read More
  • Research and Development
  • 0 Comments

Record-keeping requirements for claiming R&D Tax Credits

Sound record-keeping practices are all very well in an ideal world but, at Innovation Tax, we understand that busy SME’s have more than enough to deal with day-to-day and that this particular aspect of the business often suffers as a consequence.

Read More
  • Uncategorized
  • 0 Comments

Capital Allowances – Structures and Building Allowance (SBA’s)

Structures and Building Allowance (SBA) was introduced in the 2018 Autumn Budget to provide a straight-line relief on eligible construction costs incurred for new non-residential structures and buildings.

Read More
  • Uncategorized
  • 0 Comments

How do I know which scheme to claim under?

Not so much a ‘catch. just a few questions that need answering. Firstly, was headcount throughout each claim period above 500? If so, you’ll qualify under RDEC legislation but below this limit, you’ll usually qualify under the more-generous SME scheme.

Read More
  • Uncategorized
  • 0 Comments

R&D Claim Value Optimisation

R&D Tax Relief is not simply an opportunity for UK businesses to get funding; it’s an entitlement for any innovative UK business satisfying the definition of R&D for tax purposes.

Read More
  • Innovation
  • 0 Comments

Your ideal PARTNER for Innovation Tax Incentives

At Innovation Tax, professional relationships are the core of our business. We work with a number of Accountancy Practices as their preferred suppliers for R&D Tax Credits, Patent Box & Capital Allowances services.

Read More
  • Uncategorized
  • 0 Comments

Reimbursed Expenses

Did you know that HMRC recently relaxed the rules regarding the recovery of expenses incurred by staff in the course of undertaking compliant activity?

Read More
  • Uncategorized
  • 0 Comments

Consumable items

The term ‘consumable items’ covers items consumed or transformed whilst undertaking compliant R&D activity, including raw materials, software licenses and utilities of any kind.

Read More