Tens of thousands of businesses could potentially miss out on vital research and development (R&D) tax relief. New requirements for companies to p...
View articleAmid economic uncertainty, UK political parties are betting on innovation-driven sectors like technology, manufacturing, and green energy to power gro...
View articleThe amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...
View articleTechnology industry leaders are pressing the government for substantial investment to prepare the next generation with essential digital and AI skills...
View articleAmidst complex regulations and a crackdown on fraud, UK accounting firms are increasingly turning to outsourcing as a strategic approach to ensure com...
View articleThe House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleAmidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...
View articleMany have criticised the pace of change in the UK's R&D regime in recent years Read More...
View articleDuncan Edwards, Incentives and Reliefs Senior Manager at Markel Tax, explains the motivations behind the recent changes to the R&D regime Read More...
View articleHMRC investigations into R&D claims will have risen by 900% in the past four years, research suggests Read More...
View articleThe lack of a clear reform roadmap risks erosion of trust in the R&D system, one expert says Read More...
View article'The scheme needs to be set out in a better way than the government is proposing' Read More...
View article40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...
View articleNew R&D tax measures mark 'return to generosity' but add complexity, argue accounting experts Read More...
View articleATT technical officer, Emma Rawson, takes a look at the challenges arising from the proposed new combined R&D relief scheme Read More...
View articleHalf of all STEM businesses plan to move R&D activity overseas due to forthcoming changes Read More...
View articleAn estimated £469m worth of R&D-related error fraud occurred in the 2021/22 financial year Read More...
View articleThe new scheme will seek to allow businesses to more effectively budget for R&D expenditure Read More...
View articleThe attempt to reduce bogus claims has been described as a ‘sledgehammer to crack a nut’ Read More...
View articleThe changes come amid “concerning” reports of abuse and fraud in R&D tax relief for SMEs, according to Chancellor Jeremy Hunt Read More...
View articleThe total value of R&D claims in the UK fell by 4% between 2019/20 and 2020/21 Read More...
View articleMeanwhile, an uptick in the number of claims appears to show an innovation investment slump Read More...
View articleProposed reforms to the UK’s R&D tax regime could see a clamp down on “opportunistic advisers” Read More...
View articleAbuse of the system will highlight the value of trustworthy advisers, according to one expert Read More...
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