Knowledge Library

< Back to library 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, and this applies to R&D tax claims too. Download our full guide If you are a company where you have people and costs associated with project […]

Claiming R&D tax relief is a complex business requiring a broad range of knowledge and understand, not only of industry challenges, but of HMRC’s comprehensive guidelines.

From talking to biotech companies and CROs, we know there’s lots of confusion around eligibility when it come to the UK Government’s R&D tax relief scheme.

It is essential for businesses to investigate all support available in order to gain a competitive advantage in a global market.

Feeling confident? Already taken a few tentative steps along the road of R&D tax relief and can’t see what all the fuss was about? Sounds like you’re ready for the ultimate challenge.

There were over 26,255 R&D tax relief claims in the UK for FYE 2016; it’s anybody’s guess as to how many of them were correct?

Introduced in 2000, the Research and Development (R&D) tax credit scheme is one of the best tax-delivered incentives in the UK.

Finally, loss-making SMEs have something to smile about.

Year on year, as more businesses become aware of their eligibility, the number of R&D tax credit claims is steadily increasing.

Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.

Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.

Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.