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Ian Farley
Tax Credit Specialists
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Monthly Archives: April 2020

R&D Tax Credits

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

UncategorizedBy Ian FarleyApril 21, 2020

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…

R&D Tax Credits

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

UncategorizedBy Ian FarleyApril 7, 2020

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…

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