R&D Tax Relief

January 21, 2016

R&D Expenditure Credit allows SMEs to claim cash for subsidised R&D

MSC R&D has recently gained R&D grant funding and R&D tax relief for a number of SME clients who have no corporation tax liability.  We have also been able to advise on their R&D claims which had previously been handled by general practice accountants with no specialist knowledge of the R&D scheme.

Read More

Advance Assurance scheme launched for small business R&D tax relief claims

HRMC has announced the launch of the Advance Assurance scheme for small and micro businesses making R&D claims.

Read More
September 21, 2015

SME R&D tax credit claims rise 23% in a single year, new figures show

Figures released this week by HMRC show that the total number of R&D Tax credit claims rose to 20,100 in the financial year 2013-2014, an increase largely driven by an increase in the number of SME claims which were up by a whopping 23% year-on-year.

Read More
July 17, 2015

Advance Assurance scheme for small companies making R&D claims under the SME regime

A new scheme whereby small companies (under £2m turnover and less than 50 employees) can get advance agreement from HMRC that they are carrying out qualifying R&D.

Read More

HMRC confirm that drafting error has made it possible for universities and large charities to claim R&D expenditure credit (RDEC)

HMRC have recently confirmed that they now accept that universities and other large charities carrying out research and development directly can claim R&D expenditure credit (RDEC -worth 11% gross) for their qualifying R&D expenditure.

Read More
1 2 10 11 12