Research & Development Expenditure Credit (“RDEC”) What is RDEC? We used to have SME Relief and Large Companies Relief. The latter was replaced by the Research and Development Expenditure Credit 
Read more
R&D Qualifying expenditure General There are a number or requirements and restrictions on the type of expenditure that can be brought in to account for the purposes of R&D relief. 
Read more
SME Tax Relief – The Facts The form of SME relief is: an Enhanced deduction of 130%. This means that in total, one can claim a total deduction of 230%; 
Read more
R&D Tax Reliefs – The Facts Yes, lovely wholesome tax relief. What’s more it’s pretty attractive as well. Often clients will utter the words, ‘its too good to be true!’ 
Read more
Streaming calculation for Patent Box General The Streaming Calculation is used for new entrants in to the Patent Box regime for accounting periods that commenced after 1 July 2016. It 
Read more
Patent Box qualification Introduction Patent Box is an attractive relief for qualifying companies with qualifying IP. There are primarily two areas to consider: Does the IP qualify? Does the Company 
Read more
An overview of Patent Box Intro We will often be considering similar Companies to those that have, or are able to make, R&D claims. The two reliefs often come hand 
Read more
Patent Box – Signpost Overview of the Patent Box The Patent Box was designed to encourage the development, marketing and retention of innovative products within the UK economy. It provides 
Read more
Tax Reliefs: Killing Tax’s Sacred Cows (revisited)? Introduction It was announced in Summer 2018 that there would be an additional injection of £20bn in to the NHS over a five-year 
Read more
Background – venture capital tax reliefs The Chancellor really set his stall out in terms of where he, and presumably the Government, see future economic growth. In the middle of 
Read more