If your business does any kind of research and innovation, you could be sitting on a goldmine. Problem-solving could earn you tax relief of around £60,000, as expert Sandy Findlay explains.
Wendy Smith, business development manager for Jumpstart in the West Midlands, talks to BQ about research and development (R&D), oiling the Midlands engine and why industry is still missing out on millions of pounds of R&D tax relief.
Brewology was last year placed in administration following issues with HMRC over disputed Research & Development tax credits and a demand for a £200,000, plus trading bond.
If you’ve heard of Bitcoin or cryptocurrencies you’ve probably heard of blockchain. They are closely related inasmuch as the technology that makes cryptocurrencies possible is blockchain.
R&D (research and development) tax relief has proven to be a strong incentive in helping UK businesses become more innovative and strive to become world-class.
Businesses are facing an increased risk of being investigated for non-compliance when making claims for tax relief on research and development, a leading specialist has warned.
Is the so-called R&D tax ‘specialist’ truly specialist? Or are R&D claims just one of the many services they offer, hoping to make money from a posse of revenue streams?