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 […]
Investment in innovation is highly beneficial and can provide you with valuable R&D relief, which has helped businesses move forward and proved vital during the pandemic to streamline companies’ cash flow. R&D claims involve financial and technical complexities and require expertise to prepare maximised claims. If you want to tailor a robust claim, you need […]
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Most of the companies in the financial sector presume that they are not developing anything new. Therefore, they are ineligible for receiving R&D tax relief, which is not valid. However, finance companies have evolved worldwide, and now financial services are driven by the latest technology. This accelerated technological advancement in the financial services sector, including […]
What is R&D Tax Relief and R&D Tax Credit? Companies undertaking research and development in the field of science and technology are rewarded by the UK government in the form of R&D Tax Relief or R and D Tax Credits. HMRC enables Corporation Tax liable companies seeking innovation to reduce company’s tax bill by claiming R&D Tax […]
The biggest hurdle in R&D claim for R&D Tax Credits or R&D tax relief is HHMRC’s enquiry. As have noticed an increase in HMRC’s enquiry rate to deal with false claims, this blog intends to provide a complete guide to those deserving innovative businesses who are intending to make R&D claims for R&D Tax credits or R&D […]
