R&D Tax Credits

The R&D Tax Credits and Relief small business archive. The government’s R&D tax relief incentives were first introduced in 2000. They are designed to encourage innovation and increase research and development budgets within UK companies. The articles in this section offer guides and tips for SMEs to ensure they claim their full entitlements.

Tax

R&D tax credits: What qualifies for credit in your business

Matthew Barton, audit, accounts and personal tax manager, explains how businesses can qualify for R&D tax credits.

Tax

R&D tax credits: A boost for small businesses

In this piece Jenny Tragner, director of R&D tax credit consultancy ForrestBrown, discusses how R&D tax credits are helping small businesses and SMEs to innovate and thrive.

Tax

Boosting innovation in small businesses with R&D tax credits

Here’s how the government’s R&D Tax Credit initiatives are helping to foster innovation in small businesses across the UK.

Accounting

Four tips for streamlining your R&D tax credits claim

Read our tips on how to streamline your R&D claim and make it a lot easier for yourself.

Tax

R&D tax relief – how to take advantage

Mark Shewring, partner at haysmacintyre, discusses how a company can take advantage of R&D tax relief.

Accounting

Why it is costing UK companies to be in the dark about R&D

Just 1 per cent of eligible SMEs, according to HMRC, actually claim R&D tax relief. Many more should do so, argues Mark Tighe.

News

Half of SME business owners have never heard of R&D tax relief

Despite renewed focus on R&D by the government in its Spring Budget, 51 per cent of UK SME owners and managers have still never heard of it.

News

UK companies losing out on research and development tax savings

Companies in some regions of the UK are losing out on millions of pounds of R&D tax savings every year, a new study reveals.

News

Construction industry ignoring billions in tax rebates

A lack of awareness about what counts as research and development in construction means companies are missing out on millions of pounds in tax rebates.

Accounting

SMEs claim nearly £1 billion in research and development tax credits

Small and medium-sized businesses claimed £970 million in R&D tax credits in the past year, up 24 per cent from £780 million in the previous year, but many companies are missing out on their full entitlement, reveals a prominent accountancy firm.

News

Government launches research and development plan to boost small businesses

A new plan has been announced outlining how government will make it easier for small businesses investing in research and development to claim tax relief.

Tax

Are you eligible for R&D tax relief?

Phil Blackburn, of the George Hay Partnership, member of the UK200Group, discusses why businesses should investigate whether they can claim a tax break.