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.
17 April 2020
The move to the corporation tax regime for non-resident companies letting out UK real estate, will have a significant impact on the way they calculate their taxable rental profits, compliance processes and the timing of when tax payments will become due.
16 April 2020
Managing your cash flow effectively is essential during the coronavirus health crisis, and tax can play a significant part in that.
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.
06 November 2019
With the transition to corporation tax for non-resident companies, capital allowances regime should be of significant benefit to non-resident companies.
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.
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.