by diane@vformation.biz | Jul 25, 2019 | Blog Updates
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...
by diane@vformation.biz | Jul 16, 2019 | Blog Updates
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...
by diane@vformation.biz | Jul 15, 2019 | Blog Updates
Introduced in April 2000, the government’s R&D Tax Relief scheme means businesses can recover around 25 percent of what they’ve spent on eligible R&D, delivering an average pay-out of between £45,000 and £55,000 per claim for SME’s. Despite the financial sums...
by diane@vformation.biz | May 2, 2019 | Blog Updates
October 2018 saw the introduction of updated criteria governing the eligibility of software development projects for R&D Tax Credits and R&D Tax Relief, but HMRC didn’t widely publicise the updates, meaning many advisers and software developers themselves are...
by diane@vformation.biz | May 2, 2019 | Blog Updates
With an average claim worth in the region of £50,000, what’s not to love about R&D Tax Credits that provide tangible reward for investment made in innovation and encourage and support future ongoing investment too. However, with less than 10 percent of eligible UK...
by diane@vformation.biz | May 2, 2019 | Blog Updates
Luvo is committed to creating and nurturing strong working relationships with accountants, and our team is fortunate to have worked with many since the firm began. Our team works with accountants in a way that suits their firm and clients – so either directly with...
