Why are HMRC opening more enquiries into R&D Claims? Isn’t the money there to be claimed on for innovative businesses? We'll yes, but there's more to it.
Across all industries, employers, workers and organisations are waking up to the impact mental health has on business. All told, figures from the Office for National Statistics show that around 141.5 million working days were lost to sickness in the UK in 2018. That’s almost 4.5 days for every worker in the country, up from 4.1 days the year before.
The R&D Tax Credits claims we’ve built have pumped literally tens of millions of pounds back into British companies so far. RIFT’s Head of R&D Sarah Collins takes you through our top 10 tips for making the most of your R&D claim.
Innovation is one of the key principles that underlie the UK construction industry. Being willing and able to innovate means getting more from your projects than you otherwise would. With the cost of construction rising around the UK and knowledge leaving the industry through an ageing workforce, the construction sector must find a way to put innovation at its heart again if it’s going to thrive.
Just like the R&D Tax Credits system for small and medium-sized enterprises, the Research and Development Expenditure Credit (RDEC) scheme is all about rewarding innovation. When you’re out there on the cutting edge, solving problems with wider implications than just your own business’ daily survival, the scheme wants to help you push back the boundaries for everyone.
With the state of the environment very much on people’s minds these days, we’re all starting to think a lot harder about what we’re throwing away. That goes for more than just individual consumers, naturally. Entire industries are rethinking their approach to waste and sustainability, and it’s beginning to have an effect.
Agriculture is one of the oldest and most critical industries in existence. It’s no exaggeration to say that our lives literally depend on it. With current estimates suggesting the global population’s set to hit 9.7 billion over the next 30 years or so, agricultural technology is, by necessity, constantly pushing for new and innovative tools, methods and approaches.