R&D Tax Credit HMRC Enquiry (successfully defended)

HMRC is increasingly challenging R&D tax credit claims. Here we explore a recent successful defence of a sizeable claim on behalf of a UK Fintech company.

Navigating the Tax Maze: The 26.5% Corporation Tax Trap

In the ever-evolving landscape of corporation tax, there's a new pitfall that companies need to be aware of: the marginal rate of 26.5%.

SIC Code(s) - Check Yours if Claiming R&D Tax Credits

In this newsletter we cover: * ❌ UK individuals pay a record £16.7 bn in CGT (but missed planning opp...) * 🧐 SIC Code(s) - Check Yours if Claiming R&D Tax Credits * 🤓 Your Executive Assistant (for those who hate typing - like me 🙈) UK individuals pay a record £16.7

New Era for R&D Claims from 8 August 2023

Weekly newsletter in which we cover changes to the R&D tax credit claim submission process using the new Additional Information Form. Plus other updates

New SEIS Limits Fully Approved

The wait is over and the new SEIS limits announced to have effect from 6 April 2023 have now received Royal Assent and become law - great news for founders and investors!

Enterprise Management Incentive (EMI) Changes: Need to Know

EMI changes have been introduced to eliminate some administrative burdens and clarify the process

UK Tax Schemes Propel Investments in Innovative Startups and Social Enterprises

HMRC has released its latest statistics on the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS), and Social Investment Tax Relief (SITR) government tax incentives

R&D Tax Credits in Crisis - The State of R&D Tax Credit Relief in the UK: Challenges & Opportunities

Here in this video we cover the R&D tax relief and its current status as HMRC ramps up formal enquiries and challenges.

SEIS: Navigating the Practical Issues of New Limits Not Becoming Law Until July 2023

Here we cover some practical issues in dealing with the new rules under the Seed Enterprise Investment Scheme (SEIS) that should have effect from 6 April 2023 (but that don't become law until July 2023...)

R&D Tax Credit Claims for Software Development Companies Under Attack from HMRC

We are currently witnessing a sea-change in HMRC's approach to reviewing and processing R&D tax credit claims, with software development companies in particular being subject to HMRC enquiry.

R&D Tax Credits - Summary of New Rules from 1 April 2023 Onwards

With so much change happening in the field of R&D tax credits relief, we have put together a useful summary timeline of changes and new rules that are currently on the horizon

130% Super Deduction Set to Run Out on 31 March 2023

This generous temporary capital allowance aimed at expenditure on computers, furniture, plant, machinery, vans etc is set to run out after 31 March 2023.