Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Explore our news page for thought leadership articles, technical expertise and the latest developments in the world of innovation funding.
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Rules for R&D tax relief for subcontracted projects is evolving in the UK. Learn about SME, RDEC, and the new Merged Scheme effective April 2024.
Explore HMRC's latest findings on R&D tax relief errors and fraud, learn how compliance measures have reduced non-compliance, and discover strategies to avoid errors in your claims.
Explore how Budget 2024 boosts innovative UK businesses with new funding, tax incentives, and support for growth. Find out which sectors will benefit most.
HMRC has lost a case against a company they claimed was not entitled to research and development (R&D) Tax Credits.
We sat down with one of our resident Corporate Tax Associates for R&D tax claims to discuss where clients are most likely to slip up when calculating their R&D expenditure and the tax relief they are owed.
Discover how to optimise your R&D tax relief claims by avoiding common mistakes. Learn best practices for SMEs and large enterprises to stay HMRC compliant.
The specialist R&D tax credit team at Myriad has once again been successful in its Client’s appeal to the First-Tier Tax Tribunal. Read our latest article to learn more.
Learn about HMRC's claim notification form for R&D tax relief, including eligibility, deadlines, and submission requirements for first-time claimants.
Explore the latest 2024 HMRC R&D tax credit statistics and discover the sharp decline in SME claims, the rise in large company claims, and what these trends mean for the future of UK innovation.
Myriad has successfully overcome multiple R&D tax credit enquiries from HMRC. Here’s how we addressed the enquiry and helped answer HMRC's questions.
When claiming R&D tax relief, companies must submit technical details of their projects via the Additional Information Form (AIF) explaining how they meet the scheme's criteria.
Food and drink R&D (eligible under the R&D tax credit scheme) covers any project that aims to push the boundaries of knowledge and technology within the industry.
Jeremy Hunt–Chancellor of the Exchequer–presented his Spring Budget 2024 with a keen eye on the upcoming elections, easing the cost of living pressures, and boosting the economy with R&D incentives.
The government has published the Finance Bill 2023/24 covering the Merged Scheme and HMRC has recently provided more detail on the overseas restrictions and subcontracting rules and invited further consultation until 1st March 2024.
An innovation funnel is an incredibly useful tool for transforming pie-in-the-sky innovative ideas into actionable strategies that will drive growth and development.
When the UK was still a member state of the EU, it was subject to European rules on state aid. Since Brexit, these rules have become more complex, navigating the murky waters of legislation across the English Channel.
Explore three key public funding options beyond R&D tax credits for your innovative start-up, providing essential financial support
Get a comprehensive overview of the RDEC R&D tax credits scheme, with step-by-step guidance on how to apply and maximise your benefits as a UK business owner.
This article focuses on a critical avenue available to MedTech SMEs for driving growth - the strategic utilisation of Research and Development Tax Credits.
Dive into the essential updates from the 2023 Autumn Statement that every business owner needs to know!
In this article, we will discuss the choice between hiring consultants or taking a do-it-yourself (DIY) approach when claiming R&D tax credits.
In this article we discuss how to keep records of your R&D work and what the best ways to do it are. Your report doesn’t just explain the technological advancements you came up with but also describes all the R&D work you did to make those advancements.
Explore the latest R&D tax credit statistics from HMRC for the tax year 2021-2022. Insights on expenditure, regional analysis, industry sectors, and the impact of the COVID-19 pandemic on R&D activity.
You may have seen a host of changes announced in the Spring Budget in March affecting the R&D Tax Relief scheme. But what do they actually mean for your claim, and how can you start preparing for them?
Reducing the level of non-compliance in R&D tax relief schemes is a priority for HMRC. In this article, we share HMRC's latest guidelines for compliance with R&D tax reliefs
Looking to claim R&D tax credits in the UK? A professional consultant can help you maximise your claim, avoid errors and audits, and save time and resources. Learn more in this post.
Our guide provides step-by-step instructions on what to include in the report to ensure you receive the maximum tax credit for your research and development projects.
Are you making an R&D tax claims in the UK? You may have some questions about how and when you'll receive your credit.
R&D investment is essential if a company is to grow and compete. But what exactly are the benefits and why is it so important?
Should you claim Video Games Tax Relief (VGTR), R&D Tax Credits, or both? Here we take a look.
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