Finance and insurance are really important contributors to the UK economy; therefore, the government offers remunerative funding schemes as an economic strategy to drive innovation in these sectors. One of the most effective tools driving innovation in the UK financial and insurance sector is the R&D tax claim scheme. This scheme provides beneficial R&D tax […]
What is the R&D Tax Relief Scheme? The UK government introduced an effective and highly profitable R&D tax relief scheme to support and encourage investment in innovation with a reward of a significant reduction in the company’s corporation tax. This scheme transforms businesses, enables them to grow with R&D incentives and ultimately boosts innovation in […]
R&D tax claim scheme is the most generous scheme to reward innovative businesses in the UK. With this scheme, businesses can reclaim their expenditure on qualifying research and development projects and get R&D incentives in the form of a reduction in corporation tax or cash refunds. Unfortunately, due to these highly valuable incentives number of […]
R and D Tax Credits R and D tax credits are lucrative incentives for businesses seeking innovation in products, services and processes, providing tax relief or payable cash credits for their spending in seeking innovation. It is an excellent opportunity for businesses to boost their innovation and regulate their cash flow. However, businesses often miss […]
WHAT IS AN R&D CLAIM, AND HOW IS IT BENEFICIAL FOR YOUR BUSINESS? R&D tax relief schemes are designed for companies of any industry seeking innovation through taking risks. These schemes are a kind of reward or incentive for businesses contributing to the advancement of science and technology in the UK. Every year numerous companies […]
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. […]
