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Business continuity: Coronavirus update

Business continuity: Coronavirus update

The situation surrounding coronavirus (COVID-19) is clearly fast-moving, but we wanted to assure all of our clients and contacts that Luvo Financial has robust business continuity and contingency plans in place so we can continue to provide support and undertake our...

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...

R&D tax deadlines – don’t miss out!

R&D tax deadlines – don’t miss out!

HMRC is mandated to settle R&D tax credit claims within 28 days wherever possible. However, the majority of claims are presently taking around 12 to 13 weeks to be settled. With these current delays in mind, it is important that companies file R&D tax claims...

R&D Tax Credit delays: our advice

R&D Tax Credit delays: our advice

A recent note from the Chartered Institute of Taxation reveals the extent of the current delays in processing R&D Tax Credit and RDEC claims. With the majority of submissions taking around 13 to 14 weeks to be settled, Ian Batkin shares some advice for claimants...