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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
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The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with 'no questions asked'.
15 Sep 2025
Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury.
12 Sep 2025
The Treasury Committee has stated that the government has 'not heeded warnings' that the Lifetime ISA requires reform.
11 Sep 2025
The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).
10 Sep 2025
MPs were recently told that four million calls to HMRC go unanswered each year, risking 'undermining compliance and the government's revenue targets'.
09 Sep 2025
UK soft drinks producers have warned Chancellor Rachel Reeves that proposed changes to the Soft Drinks Industry Levy will damage business confidence and have 'severe economic consequences for the industry'.
08 Sep 2025
The overall outlook for the UK economy remains subdued despite an upgrade to its forecast, says the British Chambers of Commerce (BCC).
05 Sep 2025
Lowering the threshold at for VAT registration would breach Labour's manifesto, IPSE, the Self-Employed Association has warned.
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