Spring Statement 2022 – R&D Tax Relief Update

John Moore, March 23rd, 2022

Following earlier announcements and subsequent consultation The Chancellor has continued his reform of the R&D tax reliefs announcing some further […]

Autumn Budget 2021 – R&D Tax Relief Update

John Moore, October 27th, 2021

This news item summarises the announcements made as part of the Autumn Budget 2021 on 27 October 2021. This announcement […]

Budget 2021 – R&D Tax Relief Update

John Moore, March 3rd, 2021

This news item summarises the announcements made as part of the Budget 2021 on 3 March 2021. Despite much lobbying […]

Preventing abuse of the R&D tax relief for SMEs – Draft legislation published

John Moore, November 13th, 2020

Background At Budget 2018 the government announced that a cap set at 300% of a company’s PAYE/NIC liability would be […]

Alert – SME R&D tax relief & CIBLS – A problem?

John Moore, April 3rd, 2020

Will you lose the SME scheme R&D tax Relief if you access the CBILS? Following the introduction of a package […]

Budget March 11 2020 – Changes to R&D Tax Relief

John Moore, March 11th, 2020

Change to the rate of the R&D Expenditure Credit (RDEC) As expected following the manifesto commitment the Government have  announced […]

Upcoming changes to the amount SMEs can claim as payable R&D tax credits

John Moore, April 2nd, 2019

Following the announcement in the 2018 Budget, and the recent Spring Statement the government have recently published the consultation document […]

Payable tax credit – PAYE & NIC cap to be re-introduced – Budget 2018

John Moore, October 29th, 2018

  R&D Tax relief payable tax credits to be capped in the future – Budget 2018 announcement Background For SMEs […]

Increase in R&D Expenditure Credit announced in Autumn Budget 2017

John Moore, November 22nd, 2017

  R&D Expenditure Credit (RDEC) increased to 12% Background The RDEC is currently claimed by those predominantly large companies that […]

HMRC to allow late claims for reimbursed expenses – By 31 January 2018

John Moore, October 18th, 2017

Background For many years companies claimed for those expenses incurred by directors and employees directly and actively engaged in R&D […]