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The government has increased research and development (R&D) tax relief to help boost growth and innovation in the manufacturing and science sectors.
In a bid to make the UK the new “technology centre of Europe”, the government confirmed corporation tax reliefs for the creative sector in Finance Bill draft clauses.
A small or medium-sized company that has yet to make a profit may be able to claim a tax credit for research and development (R&D), explains Robert Leach.
The Chancellor has confirmed an “above the line” tax credit to encourage research and development activity, along with a raft of tax reliefs for the creative industries.
In today's autumn statement, Chancellor George Osborne announced the government's Innovation Strategy to be detailed in its forthcoming publication, Innovation and Research strategy, says Micah
A new advice service from HMRC to help small companies claim tax relief for spending on research is a good idea, but mistrust of the taxman and grey areas in the definition of R&D may limit
We've been asked to look at making at a claim for additional relief for our company client for R&D expenditure.
The government’s proposal to introduce a reduced 10% tax rate for profits derived from patents is a laudable attempt to encourage the UK’s knowledge industries that finds itself caught by the usual