The information and communication industry is all about keeping everyone worldwide connected, which is achieved through constant scientific and technological advancements. The information and communication sector is very innovative as we have seen it play a very significant part during a pandemic; shifting all the business and education processes online wasn’t easy, but with the […]
Architecture is all about innovation and development, which encompass experimenting with techniques and technology. As architecture sector thrives on research and development, it inculcates various activities which qualify for R&D credit claims. Every time Architects create something, its development goes through multiple processes of experimentation with technology while overcoming many challenges to create what is […]
Research and development incentives are a highly valuable funding source for businesses seeking innovation. However, claiming process is not straightforward. It involves many technicalities which may not be as simple as it seems. The UK government’s comprehensive guidelines for R&D tax claims are given to ensure only eligible companies have access to R&D tax relief. […]
HMRC research and development incentives are valuable rewards for companies, but only a small amount of construction companies are taking advantage of these incentives. The construction sector is not only about innovative design, it also plays a huge part in engineering and technological advances. What are HMRC Research and Development Incentives? UK government values this […]
Innovation is a crucial part of the UK economy, and the UK government recognises this, therefore, provides lucrative incentives to businesses seeking advancement in science or technology. Innovation involves lots of risk-taking and costly experiments, and government reward these businesses with R&D tax relief or cash credits on qualifying R&D expenditure. In addition, R&D tax […]
WHAT IS R&D TAX INCENTIVE, AND WHO CAN CLAIM IT? The R&D tax incentive is a reward for the research and development projects which aim to improve or transform product or process. R&D tax incentive scheme is designed by the UK government, which allows companies who are undertaking risk for bringing advancement in science or […]
