New HMRC Guidance on R&D Tax Credits
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R&D Tax Credits for Successful Software Claims: Lessons from Recent UK Tax Tribunal Cases
There have been two recent Software Development tribunal cases that resulted in two very different outcomes: one decided in favour of the software company (Get Onbord Limited) and the other in favour of HMRC (Tills Plus Limited). This provides a useful opportunity to compare the two cases to glean valuable
R&D Tax Credits HMRC Enquiry into Software Development: Lessons from a Tribunal Case
In the ever-evolving landscape of software development, R&D tax credits can be a crucial lifeline for innovative tech companies. However, navigating increasingly common HMRC enquiries into these claims can be challenging. A recent tribunal case, Get Onbord Limited (GOL) v HMRC, offers valuable insights for software development firms
R&D Tax Credits for Software Development: A Comprehensive Guide for UK Innovators
Introduction: Fueling Innovation in the UK's Digital Economy In today's rapidly evolving digital landscape, software development is the cornerstone of innovation across multiple industries. From cybersecurity and fintech to artificial intelligence and quantum computing, software drives the UK's most exciting technological advancements. Recognising this
Embracing AI in R&D Documentation: A New Era is Coming
Recent HMRC Guidance in preparing R&D tax credit claims included some useful information on how companies should aim to document their R&D projects - perhaps AI holds the key...