finance blogs

Many companies have heard of R&D Tax Credits or ‘rebates’, or have a vague idea of what the scheme is. But the well-known complexity of claiming, even though the rewards can be massive, is often rather off-putting. This means that companies just like yours lose out on millions of pounds every year.

Even if your company has qualifying expenditure, it does not mean that you should just wing it when submitting your own R&D Claims – especially when submitting a large claim.

Here is a common misconception that R&D tax credits are only available to research and development projects that are successful. This is not completely (if not,- a bit) correct as it all stems from the reasons as to why the R&D activities failed.

As helpful and generous as the R&D Tax Credit scheme is for companies, there are some that abuse the system. The loopholes in the scheme make the incentive prone to fraudulent activity.

Asset finance is a term used to essentially describe a business purchasing a piece of equipment and simply spreading the cost.

R&D rebates 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.

Ask yourself this. What is a schools biggest objection when it comes to buying new equipment?

An operating lease is a simple contract that involves periodical payments for the use of assets/equipment. Operating leases lend themselves perfectly to a wide variety of assets.