SHENCOH

Nationwide R&D Tax Credits Specialists

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R&D TAX CREDITS STATISTICS FOR 2018 Top Industries: Manufacturing – £990 Million Information & Communication – Over £850 Million Professional, Scientific & Technical – Over £800 Million   Other Industries: Construction – Over £100 Million Financial & Insurance – £180 Million Admin & Support Services – Over £100 Million Wholesale & Retail Trade, Repairs – Over £180 Million Education – Over £50 Million Arts, Entertainment & Recreation – Over £100 Million This is not to
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The Fields of Science and Technology for Research and Development Tax Credits are split up into 6 categories: 1. Natural Sciences 2. Engineering and Technology 3. Medical and Health Sciences 4. Agricultural Sciences 5. Social Sciences (This category does NOT fall under the remit of the relief) 6. Humanities (This category does NOT fall under the remit of the relief). A huge amount of businesses who qualify for Research and Development Tax Credits don’t know what
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What constitutes as R&D from HMRC – Brief guidelines straight from the horse’s mouth! R&D HMRC reliefs support companies that work on innovative projects in science and technology. It can be claimed by a range of companies that seek to research or develop an advance in their field. It can even be claimed on unsuccessful projects. You may be able to claim Corporation Tax relief if your project meets our definition of R&D. Projects that count
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One of the biggest cash prizes in world economics has been launched to find “radical ideas” to reinvigorate the British economy. Launched against a backdrop of deep public distrust in politicians to revitalise the UK economy, the Institute for Public Policy Research (IPPR) thinktank has lined up a £150,000 prize fund to uncover fresh ideas. It comes after growth figures revealed at the budget show economic growth in Britain has dropped to among the lowest levels in
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The 2018 Autumn Budget welcomed lots of new changes for the betterment of the economy, with a key focus on 1 thing – Britain being prepared and adaptable for the new age that we are currently living in. Chancellor Phillip Hammond stressed that scientific and technological advances are the key solution to issues with productivity across the UK and something we should strive to commit to. In order to continue to give incentives to hard-working Brits, steps are being
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