Delays in processing research and development (R&D) tax claims are hampering innovation and expansion among UK businesses, according to R&D tax relief specialist Jumpstart.

The UK’s manufacturing sector leads the way when it comes to investing in and delivering innovation.

The R&D tax relief scheme can provide SMEs with a return of up to 33% of identified eligible expenditure incurred on qualifying R&D projects.

HMRC has a responsibility to ensure that individuals and businesses are paying the correct amount of tax and claim the correct amount of tax benefits.

Research and development (R&D) tax relief was introduced by the UK Government to encourage UK companies to invest in more innovation-focused projects and maintain the country’s position as a global leader in science and technology.

Businesses in Mid-Ulster have topped an “innovation table” after figures from HMRC revealed it has the highest percentage of enterprises investing in research and development (R&D). According to HMRC’s 2016-17 figures, 215 successful claims were made by Mid-Ulster companies, including SMEs and large businesses, for R&D tax relief. This puts the area at the top […]

POOLE has topped a regional league table when it comes to innovative businesses.

Aberdeen has grabbed pole position as Scotland’s innovation hotspot, with the resurgent oil and gas sector spearheading research and development (R&D), new research suggests.

Industry-leading service combined with competitive pricing led to a 28% growth in clients last year for Jumpstart UK.