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Government confirms R&D Tax consultation

Government confirms R&D Tax consultation

The Chancellor has confirmed the planned consultation into Research & Development (R&D) Tax relief is to go ahead, a step that Luvo Partner Ian Batkin hopes won’t be a case of the minority spoiling matters for the honest majority. Back in his Autumn Budget 2018, Mr...

R&D: more than lab coats and goggles

R&D: more than lab coats and goggles

Think R&D, automatically think lab coats, goggles, and big pharma companies. Right? Wrong! Luvo’s Vicki White (pictured) explains that the government’s R&D Tax Credits scheme is designed to reward innovation in every corner of industry. Despite the government’s...

Is R&D Tax going back to the future?

Is R&D Tax going back to the future?

The somewhat unexpected change in R&D Tax relief under the SME scheme announced by the Chancellor in his Autumn Budget, is something of a ‘back to the future’ step. In our latest blog, Luvo’s Ian Batkin takes a closer look at these changes and what qualifying SMEs...

What counts as R&D?

What counts as R&D?

The regime for providing tax incentives for companies carrying out research and development (R&D) has been part of the UK tax legislation since 2000, but many companies who are undertaking R&D are missing out on the R&D tax relief, often because they don’t know what...