rd activities
(12)
Breaking down HMRC's guidelines for compliance for a successful R&D claim
R&D legislation is always evolving to prevent fraud and to ensure that the incentive covers all types of costs for innovative businesses carrying out research and development. HMRC has developed an informative resource known as the Guidelines for Com...
Alexander Clifford · 11 March · 1
Behind the Innovation – An R&D project on fractional ownership
Real estate, like many other industries currently, is undergoing further digitalisation and this is visible through the emergence of PropTech, a market that is predicted to reach $133.05 billion by 2032. PropTech is removing paper and clunky processe...
Alexander Clifford · 27 February · 1
Behind the Innovation - An R&D project on wind turbine technology
At Alexander Clifford, we’re passionate about great ideas and innovative thinking. From our work in securing R&D tax credits for our clients, we have the privilege of learning in our technical consultations how exactly this project came to life...
Alexander Clifford · 20 February · 4
Direct vs indirect: A guide to R&D activities with practical examples
Innovation takes place in many forms within businesses across the UK, and the same eligibility applies across industries for the R&D tax credits. Whether you’ve developed software for pharma, adapted a food product, or improved the safety of a...
Alexander Clifford · 25 January · 4
Understanding the role of R&D in the pharmaceutical industry
The pharmaceutical industry relies on innovation to address evolving health challenges, discover novel treatments, and improve patient outcomes. That’s why R&D plays a crucial role in finding new or improved ways to optimise therapeutic approac...
Alexander Clifford · 22 January · 1
Understanding the role of R&D in the engineering industry
R&D tax credits offer an unmissable opportunity to the engineering industry for businesses that are involved in innovation and technological advancement. As the industry grapples with ever-evolving challenges and opportunities, understanding the pivo...
Alexander Clifford · 16 January · 3
Understanding the role of R&D in the food and beverage industry
Within the ever-evolving realm of the food and beverage industry, Research and Development (R&D) stands as a pivotal force, driving innovation, addressing challenges, and reshaping the landscape of what we consume. Despite this, awareness of the oppo...
Alexander Clifford · 11 January · 1
Understanding the role of R&D in the construction industry
In the intricate world of construction, Research and Development (R&D) stands as a cornerstone for transformative progress and innovation. From pioneering new materials to refining building processes, R&D in the construction industry plays a pivotal...
Alexander Clifford · 08 January · 1
Understanding the role of R&D in the manufacturing industry
Research and Development (R&D) plays a pivotal role in the manufacturing industry, serving as the engine that drives innovation, technological advancement, and overall progress. That’s why this industry makes up one of the highest proportions o...
Alexander Clifford · 04 January · 1
Understanding the role of R&D in agriculture industry
With the news reporting on record-high temperatures, labour shortages, and a growing population to feed, R&D in agriculture offers an opportunity to flourish. A successful R&D claim can provide the financial boost needed to drive the agriculture indu...
Alexander Clifford · 28 December 2023 · 1
An outlook of HMRC R&D tax credit statistics 2023
It’s been an incredible financial year for R&D; innovative projects across the United Kingdom have truly taken off and grown tremendously, fuelled by the cash injection from R&D tax credits for SMEs and large companies. The newly published HMRC...
Alexander Clifford · 27 December 2023 · 1
4 key factors determining your qualifying activities for R&D tax credits
While it’s easy to view the R&D tax credit incentive as an amazing opportunity, it’s more difficult to gauge whether you have qualifying R&D activities. So here's the kicker: to unlock these valuable incentives, you must first pass the ri...
Alexander Clifford · 19 December 2023 · 1