Blogs

Although the R&D tax relief scheme was not directly mentioned in Labour's manifesto, Labour's overall message suggests the scheme is not set to undergo significant change, which should comfort businesses seeking to invest in R&D. In this article, we discuss the scheme's history and our predictions for its future.

In recent years there has been significant movement within the construction industry to accommodate social needs, such as sustainability, and an increased demand for affordable residences.

Understand the potential tax savings that may be available to furnished holiday let owners.

Attention business owners! In this article, we will cover the changes that were made to business rates in for the FY24/25.

‍In short, Yes, a business can claim every year as long as the company is continuing R&D activities in their accounting periods. Companies are eligible each year to make an application for relief depending on qualifying activities if in line with HMRC guidelines.

Software or Computer Science, as a field of Science or Technology, may be one of, if not the largest area of R&D tax relief claims that HMRC see. With the prevalence of artificial intelligence as well as the rapid advent and sophistication of Software technology, it's likely that claims in this sector have significantly increased to present day and will continue to do so exponentially.

‍In this guide, we will explore the different types of land remediation tax relief available for contaminated land in the UK.

R&D in construction is often overlooked because it results in improvements that don’t catch headlines. However, in an era where sustainability, efficiency, and technological advancements are paramount, innovation within the construction industry is not just desirable but necessary.

Former HMRC R&D Compliance Officer and current RCK HMRC Liaison, Alex Marshall, shares his insight on how compliance is everything when claiming R&D tax relief. Compliance within the R&D tax relief scheme has never been more important, with the results of HMRC’s Mandatory Random Enquiry Programme (MREP), outlining greater levels of error and fraud than previously expected, resulting in a major overhaul in activity to tackle non-compliance. But how did we get here?

The process of claiming R&D tax relief, with RCK Partners, is outlined in this blog, in a step-by-step format.

The full scope of R&D tax relief explained complete with R&D tax FAQ's.

Understand the potential tax savings that may be available to BTR and PBSA owners.

In the face of pressing global challenges like climate change and species extinction, companies worldwide are increasingly rallying their efforts toward building a more sustainable future. Within this movement, companies dedicated to habitat restoration, species conservation, and biodiversity play a crucial role.

We’re delighted to announce that RCK Partners has been shortlisted for Best Independent Tax Consultancy Firm at the prestigious Tolley’s Taxation Awards 2024, for the second year running.

A question that we often receive is ‘Which costs qualify for R&D tax relief?’ In this blog, we will outline these expenses and give industry-specific examples for each cost category.

The power of partnerships: the value that Partnerships can bring for businesses. In the dynamic and ever-evolving landscape of taxation, businesses and individuals alike are faced with an intricate web of regulations, compliance requirements, and constant changes in tax laws. In this complex environment, the significance of professional partnerships cannot be overstated.

RCK's Spring Budget 2024 round-up summary. Today in Parliament, Chancellor Hunt took to the despatch box, to deliver the Spring Budget. Hunt's initiatives for the UK economy echo the predictions made by Lord Hammond at our March Budget predictions event, last Wednesday, with enhancing productivity within the UK as a core focus of Hunt's plans.

With the contagious outbreak announced as a global medical emergency, the pandemic provided a new challenge for pharmaceutical companies to make an impact, looking to streamline drug development, decentralise testing centres and develop new assured point-of-care testing.

In the rapidly evolving landscape of technology, blockchain stands out as a revolutionary force.

As 2024 begins, we’re looking back on an exciting 12 months of achievement, growth, and extraordinary highlights at RCK.