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What Counts as R and D in Aerospace Industry?

The UK Aerospace industry is the world’s second-largest, with a turnover of £22.4bn in 2021. The aerospace industry is full of complexities, ...

What Counts as R&D for R&D Tax Relief in the Agriculture Sector?

R&D Tax Relief and Agriculture Sector Agriculture is one of the most important industries, which, unfortunately, is going through many ...

Why Should You Focus on Record Keeping for R&D Tax Claim?

Clear and accurate record-keeping is immensely important to ensure you don’t miss out on any qualifying expenditure while making an R&D ...

Innovation in Digital Industry and the Potential for R and D Tax Credits Claim?

Innovation in Digital Industry The world has been undergoing a digital transformation for years, but the pandemic has accelerated this ...

How Can You Reduce Your Company’s Corporation Tax Bill?

What Does Corporation Tax Means? Corporation tax is the tax any limited company is liable to pay on the company’s annual profit. Profits on ...

Can You Include Travel & Subsistence Costs in Your R&D Tax Claim?

What is the R&D Tax Relief Scheme? The UK government introduced an effective and highly profitable R&D tax relief scheme to support ...

Changes in the R&D Relief Scheme for Overseas R&D & Its Implications

How Does R&D Relief Scheme Work? The HMRC R&D Relief scheme was launched in the year 2000 by the UK government as an incentive to ...

What Will Change in the R&D Tax Relief Claim From April 2023?

On 20th July 2022, HMRC published draft legislation for Finance Bill 2022-2023, announcing some significant changes to the R&D tax ...

Situations Which Can Negatively Impact Your R and D Tax Relief Claim?

Technological advancements are crucial for the UK’s economy; therefore, the government initiated the R and D tax relief scheme. R and D tax ...

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