Research & Development

R&D Tax Relief means sustainability for SMEs during COVID-19

Research and Development Tax Specialists Access2Funding have successfully returned hundreds of thousands of pounds to SMEs across Scotland since coronavirus lockdown began. Supporting businesses to boost their cashflow in this difficult economic time, Access2Funding is also expanding their business in...

R&D tax credits – totally brilliant – but not just walk in the park, in the sun

The Big Picture - increasingly contributing to business innovation By Terry Toms, RandDtax According to the latest figures on R&D Tax claims published by The Office for National Statistics (ONS) in October 2019, and projections from those, it is likely that...

Some Tips on selecting an R&D Tax Consultancy service provider

Ensure that you understand exactly what service Consultancies can provide and their Terms of Business. Not all consultancies are equal in capability, expertise or in the service they provide. In some cases, Consultancies will indicate that they do NOT...

How does R&D Tax Relief work in the Fintech Sector?

What is FinTech? References to ‘FinTech’, or Financial Technologies, have been on the rise over the last few years – but what falls into this category? FinTech largely applies to technology used within the financial services sector, largely by the institutions...

Can you claim R&D tax relief in the agricultural industry?

Agriculture is an ever-evolving industry in the UK. Similarly to the food tech industry, agricultural businesses are constantly needing to adapt and innovate in order to keep up with changes in demand, as well as overcoming pre-existing issues within...

How will Brexit affect Research & Development Tax Relief?

By Caroline Walton, Specialist Tax Consultant at Catax; experts in specialist forms of tax relief. With it currently unclear as to whether, and if so when, the UK will leave the EU and on what terms,...

What is Research & Development Tax Relief, and can my business make a claim?

Research and Development (R&D) tax relief is awarded to businesses that invest in innovation. This innovation can be in the form of developing new systems, processes, products, materials, devices, or any changes to the way your business works. The chances...

Research & Development Tax Relief – the common misconceptions

Whilst Research & Development (R&D) legislation has now been in place for 19 years, there are many companies still not claiming the relief they are entitled to or are only scratching the surface in their claims. In our experience, most...

Why should I use an R&D Tax Specialist, surely my accountant can do that?

By Nigel Holmes, Head of R&D Technical Operations at Catax.   A question we, at Catax, face daily. As a Chartered Accountant, and Chartered Tax Adviser, with nearly 25 years’ experience in an accounting practice, and knowing many accountants, let me tell...