How Gravita Successfully Defended a Client’s R&D Tax Relief Claim in an HMRC Investigation
Written by Tax Partner, Dion Laycock Gravita’s team, led by Dion Laycock, Head of Tax Investigations, used their expertise in R&D tax to successfully defend a client in a recent HMRC investigation in an important victory for innovators. R&D tax credit reliefs are a useful incentive for innovation in the UK. They let businesses […]
Webinar recording: R&D reinvented: Unlocking the power of innovation in the tech sector – Part Two
Gravita Corporate Tax Director, Kate Greenhough, and Gravita R&D Associate Director, Pieres Flowers, presented a webinar on R&D reinvented: Unlocking the power of innovation in the tech sector, hosted by Gravita Tax Consultant, Tim Palmer. If you attended Gravita’s previous R&D webinar in September 2023, we still recommend you watch this one as it will […]
R&D reinvented: Unlocking the power of innovation in the tech sector – Part Two
On behalf of our Research and Development (R&D) tax specialist team, we are pleased to invite you to our informative tax webinar that promises to reshape your approach to R&D tax relief. This webinar will be hosted by Gravita Tax Consultant, Tim Palmer. Our presenters will be Gravita Corporate Tax Director, Kate Greenhough, and Gravita […]
Webinar recording: R&D reinvented – Unlocking the power of innovation in the tech sector
Since 1st April 2023, significant changes have shaken the landscape of R&D tax relief, specifically impacting businesses, especially those in the technology sector. These changes, introduce a whole new dimension to R&D claims, requiring businesses to submit substantial additional information. During this 45-minute webinar, we delved into the following key points: Unveiling the […]
Navigating through some R&D tax complexities
Written by Tax Partner, Parminder Chattha . It is common knowledge amongst the industry that HMRC are focusing on R&D tax credit claims, with a significant increase in enquiries. Historically, claims would be enquired into before any payment was made to the claimant company, which most would agree is a sensible approach. Nevertheless, the enquiry […]
R&D changes: What it means for your business
In March, Jeremy Hunt announced his second fiscal statement and first Budget since becoming Chancellor against a backdrop of fragile public finances, an ongoing cost of living crisis, and increased Government borrowing. We covered how this Budget stacks up against the Government’s priorities – and what it means for people and businesses across the UK […]
UK R&D tax relief claim requirements: The additional information form
From August 1st 2023, entities claiming Research and Development (R&D) tax relief or expenditure credit in the UK must complete and submit an additional information form to HM Revenue and Customs (HMRC). This additional form will be a prerequisite for supporting all R&D tax relief claims, and failure to submit it before the entity’s Corporation […]
Research and development reforms: Changes from April 2023 and what they mean for you
Written by Tax Partner, Toby Hermitage As announced in the recent Budget, the government has tightened and restricted the availability of research and development (R&D) tax reliefs in response to a recent increase in fraudulent R&D tax credit claims. The key measures introduced are as follows: Enhanced R&D tax relief available for SMEs is to […]