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Be rewarded for investing in innovation. See how Research & Development Tax Credits could help transform your business.
Research and development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation. They are a valuable source of relief or cash for businesses to ultimately invest in growth – for example hiring new staff - and accelerating their existing R&D.
Whatever sector you are in, if you’re a UK business and are spending money on developing new products, processes or services, or even enhancing existing ones, you most likely are eligible to make a R&D Tax Credit Claim. This can be in the form of money off your existing corporation tax bill, or a cash lump sum payment.
As a chartered accountancy firm with sector specific experience, we can advise, draft and submit a robust R&D claim that meets HMRC’s standards and expectations, as well as deal with any potential enquiry into your claim should the need arise.
To find out how your business can benefit from R&D Tax Credits, please contact Connected Accounting today
10 Jul 2025
Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned.
09 Jul 2025
UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC.
08 Jul 2025
Inheritance Tax (IHT) on pensions is the most unpopular of the tax raising measures introduced by the Labour government during its first year, according to a survey.
07 Jul 2025
HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned.
04 Jul 2025
Prospective pension reforms could see small firms raise prices, cut jobs or slash profits, the Federation of Small Businesses (FSB) has warned.
03 Jul 2025
Business confidence rose in June building on a sharp rebound in May, according to Lloyds Bank's Business Barometer.
02 Jul 2025
More than one in four UK businesses have been the victim of a cyber-attack in the last year, with many risking 'sleepwalking' into disruption, according to a new report.
01 Jul 2025
MPs have warned that some people who pay into a Lifetime ISA might get less out than they put in.
Get in touch with us today for a fresh perspective and a free consultation.