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Since the introduction of the R&D tax scheme in 2000, the great majority of British companies that could be eligible for the scheme are not claiming.
It is widely accepted that more than £10 billion has been left unclaimed since the introduction of the scheme in the UK.
This money could have been reinvested into further improvement and development of products and manufacturing processes.
We work in partnership with technology specialists, who have a deep knowledge and understanding of HMRC’s R&D policy and regulations. Their scientific background allows them to speak the language of our clients to identify eligible activity and processes often hidden in the daily routines of their production and process work.
Our technology specialists work in many industry sectors and with companies of all sizes, from small SME’s to larger companies in the £100 – £300million bracket, some of which are part of larger £1billion groups.
If you would like more information or would like to speak to us direct then call us on 01823 353598. Or if you would prefer, ask us a question online.
08 Jul 2020
On 8 July, Chancellor Rishi Sunak announced a three-point plan to support jobs in the wake of the COVID-19 pandemic when he delivered a Summer Economic Update to Parliament.
Chancellor Rishi Sunak announced a temporary cut in the rate of Stamp Duty Land Tax (SDLT) in order to boost confidence in the flagging housing market in his Summer Economic Update.