Insights

The Autumn 2024 Budget has introduced several significant changes that will impact UK businesses, especially regarding taxation and financial support. Read more on the implications of the budget in our latest article included below.

As the tech landscape continues to evolve, software companies are finding innovative ways to solve complex challenges—many of which could qualify for R&D tax relief. Our latest article explores how software firms, from startups to established leaders, can leverage these opportunities to fund further growth. We dive into what constitutes R&D in software as well as providing industry-specific examples of qualifying activities.

R&D tax relief is a government-backed initiative designed to incentivise innovation by providing financial support to companies investing in research and development. This article explores the basics of R&D tax relief, covering how it works, the types of businesses that qualify, and the wide range of activities that may fall under its scope—from developing new products to refining existing processes. Whether you're a start-up exploring new technologies or an established company driving industry advancements, understanding R&D tax relief could provide significant funding opportunities to fuel your growth.

Discover how combining Capital Allowances and R&D Tax Credits can achieve more effective and comprehensive tax relief opportunities available for your business.