What Is Research And Development?
Research and development, though a seemingly vague term, is an umbrella definition responsible for most, if not all of the innovation we see today. It is a directed effort on the behalf of a company to invest, research, and develop new products, services and provable concepts in order to provide something new to the marketplace. […]
How To Expand Your Manufacturing Business
The manufacturing industry is a vital part of the UK economy, accounting for almost 10% of GDP.1. However, this industry is under pressure, with increased competition from abroad and the need to reduce costs. Despite these challenges, the manufacturing sector continues to grow, with businesses looking for new ways to increase efficiency, and productivity, whilst […]
Can I Get A Business Innovation grant?
If you’re looking for financial help to innovate in your business, you’ll be pleased to know that a range of grants is available. However, applying for a grant can be complex, so it’s essential to understand the different criteria for each one. In this blog post, we’ll explain the key factors that are taken into […]
Construction Equipment Funding
Receive Funding For Your Construction Equipment If your business has carried out qualifying research and development (R&D) activities in the past, you may be eligible for a Research and Development (R&D) Tax Credit Rebate. This rebate can be used to purchase construction equipment for your business. This blog post will discuss how you can spend […]
Can I Claim R&D Tax Credits
R&D Relief For UK Businesses The UK government offers tax relief for companies investing in Research and Development (R&D). The R&D Tax Credit scheme is designed to encourage R&D spend in innovation and help businesses grow. R&D projects are not only helping businesses thrive by receiving this incentive, but also improving science or technology, along […]
How To Account For R&D Tax Credits
If your business is carrying out qualifying research and development (R&D) activities, you could be due a tax credit on your profits. The UK’s R&D tax credit system can be complex, so it’s essential to understand which scheme applies to you and how to claim the credit. In this blog post, we’ll explain the two […]
R&D Tax Credit Rules In The UK
The R&D Tax Credit Scheme If your business is engaged in qualified research and development (R&D) activities, you may be able to claim R&D relief on your corporation tax return. The rules around qualifying R&D expenditure can be complex, so it’s essential to understand exactly what qualifies for R&D tax relief. This blog post will […]
Apply For R&D Tax Credits
What Are R&D Tax Credits? Businesses in the UK can benefit from significant tax breaks when they apply for R&D tax credits. Businesses eligible for R&D tax credits must show how they are investing in innovation and developing new products or processes. If your business meets the eligibility criteria, it’s definitely worth applying for the […]
R&D Tax Credit Processing Time
The R&D Tax Credit Claiming Process If your business is undertaking any form of research and development (R&D), you could be eligible for the R&D tax credit. This government incentive can provide a valuable financial boost to your company, so it’s essential to understand the application process and R&D tax credit processing time to receive […]
Grants And R&D Tax Credits
Claiming Grants & Tax Rebates It is a common misconception that r&d tax credits and business grants cannot be used together. This is entirely incorrect, and many businesses, both SMEs and large companies, can claim for both. While you might be entitled to both, it is worth bearing in mind that the amount you receive […]
