Mergers & Acquisitions (M&A) Tax Planning
Research and development (R&D) tax credits are a form of government tax relief designed to encourage more UK businesses to invest in science and technology innovation.
The scheme is becoming increasingly popular, with the number of claims jumping 22% in 2015-16. During that financial period, claims worth a total of £3.7 billion were approved.
But did you know that half of the UK’s 5.7 million businesses are considered innovation active? With only around 43,000 claims each year, that means hundreds of thousands of enterprises could be missing out on lucrative R&D tax credits.
