R&D vs Innovation
R&D plays a crucial role in advancing various academic and industrial fields. In essence, the definition of R&D is very broad where several activities and functions fall under the umbrella of R&D, this includes, scientific research, technology dev...
The R&D timeline vs project boundaries
To enable R&D professionals to be further educated on HMRC's guidance around R&D tax reliefs, Wilson Partners produced the Learn R&D series. We believe that spreading awareness of HMRC'S BEIS guidelines can help R&D professional sustain innovat...
What is R&D?
To enable R&D professionals to be further educated on HMRC's guidance around R&D tax reliefs, Wilson Partners produced the Learn R&D series. We believe that spreading awareness of HMRC'S BEIS guidelines can help R&D professional sustain innovat...
Annual R&D stats have been released by HMRC
The stats also highlight the number of SME’s claiming under RDEC for subcontracted or subsidised work and who will likely lose their claims under the proposed merged scheme. The legislation for the merged scheme as currently drafted follows the ex...
Latest Patent Box statistics released by HMRC
The latest statistics from HMRC show there has been a decrease in the number of companies making patent box claims with a total of 1,510 claimants in 2021 - 2022 compared to 1,610 claimants in 2020 -2021. Whilst the number of claimants has decrea...
Is it time to slow down the changes to R&D claims rules?
We support ATT’s proposals, particularly the need to slow the rate of change down for businesses. HMRC have recently shared that half of all R&D claims they received in the last month were submitted without the new additional information form (man...
Create value through innovation
...none are more important than the company’s own culture, capabilities and internal systems – all of which are aspects of its governance. Unless companies are governed in a way that is conducive to innovation, they are unlikely to be in a positio...
R&D Tax Claims: Creative Sector
Often tax reliefs for innovation are thought to be the preserve of scientists in white coats, software businesses and consumer goods companies. The creative industry is often overlooked yet is clearly eligible to claim cash credits with the govern...