Insights
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Lifecycle R&D – Recognising Qualifying Activities Across the Engineering Development Cycle
R&D isn’t typically confined to the initial design or prototyping stage. Within the broader engineering industry, innovation often continues through testing, refinement, integration, and production. In our latest article, we explore how qualifying R&D can arise throughout the entire product lifecycle and how businesses can better identify and substantiate these activities.
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Technical Uncertainty in Mechanical and Electrical Engineering R&D
Understanding and evidencing the resolution of scientific or technological uncertainty within your projects is crucial for demonstrating eligibility to claim R&D tax relief.
In our latest article, we delve into how to identify qualifying scientific or technological uncertainty in the context of Mechanical & Electrical Engineering. -
Spring Budget 2025: Key Takeaways and Westlock Partners’ Perspective on R&D Tax Relief Reforms
Chancellor's Spring Budget 2025—what does it mean for businesses? We've highlighted the key takeaways and shared our thoughts on the latest updates to R&D tax relief. Read our insights on what these changes could mean for innovation and investment.
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Autumn Budget 2024 - Key Takeaways
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.
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Industry-Specific R&D Tax Relief Opportunities: A Software Perspective
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.
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An Introduction to R&D Tax Relief: What it is & Who can Benefit
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.
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Capital Allowances & R&D Tax Relief – Are You Missing Out on Dual Benefits?
Discover how combining Capital Allowances and R&D Tax Credits can achieve more effective and comprehensive tax relief opportunities available for your business.