What’s in store for R&D Tax in 2020?

What’s in store for R&D Tax in 2020?

Some contributory factors of the UK’s current political and economic uncertainty may finally conclude in the coming weeks and months, which Luvo Financial partner Ian Batkin believes could be another encouraging sign for businesses that are eligible for tax credits...
Average R&D Tax Claim climbs to £50,000

Average R&D Tax Claim climbs to £50,000

Innovative SMEs that are investing in research and development stand to reclaim an average of £50,000 according to new figures from HMRC. The government’s latest Research and Development Tax Credit Statistics Report dated October 2019 reveals that since the scheme was...
R&D tax credit cap: new rules for 2020

R&D tax credit cap: new rules for 2020

In the 2018 Budget, the government proposed a cap on R&D Tax Credits for SMEs, with plans for it to come into effect for accounting periods commencing on or after 1 April 2020. Ian Batkin, one of our founding partners and R&D tax specialists, explains all you...