23 June 2020
The extent of planned capital expenditure (capex) cuts by large listed companies in the UK was last week predicted to reach somewhere in the region of £23bn. CFOs seem to favour cash preservation over investment. What can Government do to lure business leaders away from their spending funk? Boosting the level of R&D tax relief available and relaxing the qualifying criteria would be a good starting point.
20 April 2020
RSM has contacted HMRC’s policy team to ask how R&D repayment claims will be treated in light of the government’s support schemes to help businesses cope with the coronavirus outbreak. Find out the answer here.
16 April 2020
Managing your cash flow effectively is essential during the coronavirus health crisis, and tax can play a significant part in that.
01 April 2020
The coronavirus pandemic has made it more important than ever to make the most of every opportunity to maximise cash returns. One way that businesses in the creative sector can generate inward cash is to claim creative sector tax relief.
11 March 2020
In the Budget 2020 announcements, the Chancellor announced a number of changes to R&D tax credits.
14 February 2020
James Tetley, national head of R&D at RSM, comments on today's report from the National Audit Office on the management of tax expenditures.
10 October 2019
New statistics from HMRC have revealed that there was a 22 per cent year-on-year rise in the number of claims for research and development (R&D) tax credits submitted by companies in 2017-18, with the level of support provided rising by 26 per cent.
20 September 2019
Companies are experiencing considerable delays in HMRC's processing of payable R&D credit claims. These delays could impact on future investment by companies into further innovation, impacting companies’ financial results and the growth of the wider economy.
20 September 2019
With a Brexit date of 31 October 2019 still the default position, many UK businesses will be considering setting up in another EU jurisdiction to maintain an EU presence. Besides commercial considerations, there will be tax consequences to consider.
12 September 2019
In this webinar, Stuart McCallum and James Tetley, two RSM partners whose sector experience has been built over many years by serving the needs of their food and drink clients, talk through the innovation trends currently taking place in the industry and give some examples of how some of these activities can qualify for R&D tax relief.