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Budget March 2020: announced changes affecting the UK R&D Tax Credit Regime
the features and measures of the Budget 2020 regarding R&D Tax Credits
Righting the wrongs: 10 popular myths and misconceptions about R&D Tax Credits
Righting the wrongs: dispelling the 10 popular myths and misconceptions about R&D Tax Credits
What’s in store for R&D Tax in 2020?
What’s in store for R&D Tax in 2020? Further encouragement for eligible companies to take steps to claim R&D Tax Credits and not continue to leave this legitimate and worthwhile tax saving on the HMRC table.
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.
A guide to: The difference between SME R&D relief and RDEC
If a company is carrying out R&D, it may be eligible to claim R&D Tax Credits through one of two schemes: the SME (Small-Medium Enterprise) scheme, and/or the large company Research and Development Enhanced Credit (RDEC) scheme. But what is the difference? In...
A guide to: What counts as R&D?
The R&D tax specialists at Luvo Financial explain exactly what counts as R&D
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!
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
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...
Eligible R&D: can you make an R&D Tax claim?
The government’s R&D Tax scheme means businesses can recover up to a quarter of what they’ve spent on eligible R&D. But what does 'eligible R&D' mean, and how do you begin making an R&D Tax claim? Luvo works extensively for SMEs in a wide variety of...