R&D Tax Credits
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
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
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
R&D Tax Credits
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...
R&D Tax Credits
R&D Tax Credits
R&D Tax Credits
HMRC latest statistics for the UK R&D Tax Relief were released on 28 September 2023 relating to claims submitted in 2021-2022. Here we share a summary of the key points.
R&D Tax Credits
The introduction of the AIF is a crucial change in the R&D tax credits application process. Without this form, your claim will not be considered valid by HMRC.
R&D Tax Credits
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.
R&D Tax Credits
Here in this video we cover the R&D tax relief and its current status as HMRC ramps up formal enquiries and challenges.
R&D Tax Credits
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
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