Skip to contentClaiming R&D tax relief in the UK can sometimes seem a bit daunting and a bit of a mystery, especially for companies that have not done so before. While claiming R&D tax relief can be very worthwhile, in many cases companies are not doing so due to confusion around the process. Here, the process is […]Blockchain is starting to become a concept and technology that is commonly occurring in the media and in business news, yet many people still do not fully understand what it is and how it can transform organisations. Blockchain is the development of a means by which data can be structured. It is considered a coding […]The ability to claim back research and development (R&D) tax relief or credit on development projects is a significant benefit. This funding is especially advantageous for small and medium sized businesses (SMEs) that can reclaim up to 33p for every £1 spent. Large companies can also benefit, though at a lesser rate. However, many businesses […]The UK government, through HMRC offers R&D funding through an R&D tax relief and tax credit scheme. This enables businesses to gain money off taxes based on funds spent on R&D purposes. The scheme is fairly generous and offers a wide range of companies an opportunity to pay lower taxes based on the research and […]When claiming for R&D tax relief it is helpful to understand the claims processing timescale and to know what to expect in terms of getting refunds or tax credits. HMRC has a policy of dealing with small and medium sized companies’ R&D repayable tax claims within 28 days. In 95% of cases, HMRC does usually […]Finding funding for research and development can be a real challenge. Traditional lenders like banks are fairly restrictive about lending money to SMEs, and this can make it really hard to find monies needed to progress an excellent idea into fruition. According to the British Business Bank, in the UK nearly 100,000 small and medium […]Want to learn how to receive your R&D funding in just a few weeks? The governments of many countries offer a tax credit to companies that can demonstrate they are carrying out research and development towards the delivery of scientific and technological advances. This offers a significant boost to SMEs as it helps encourage them […]