Monthly Archives: April 2020

Announcement: £1.25 Billion R&D Support for Businesses Impacted by Coronavirus

The Government announced today that it is pledging £750m of targeted support to who it describes are “the most R&D intensive small and medium size firms.” It comprises the following support: £175,000 of support will be offered to around 1,200 firms not currently in receipt of Innovate UK funding. This may well have the widest appeal…

UPDATE: Are HMRC Still Processing R&D Tax Credit Claims?

HMRC are faced with unprecedented demand at the current time. They play a critical function in helping companies access cash that is available from R&D tax credit claims. I am giving you an update in terms of the processing of R&D tax credit claims by HMRC from direct communication we have recently had with their R&D…