R&D Tax Credits Updates and Their Impact on You

ISO QSL have previously shouted about the fact businesses could be missing out on thousands by not claiming R&D Tax Credits after they nearly missed out on a claim worth £42,000. At the time, many organisations were oblivious to the opportunity available or held misconceptions about their eligibility.

Originally launched in 2000, R&D Tax Credits offer a chance to reclaim Corporation Tax tied to innovation projects – not just lab work, but process, service, and product improvements. Recent changes to the scheme which take effect from April 2023 and April 2024, reflect a shift in strategy from the Treasury for investment in UK innovation.

Whether you’re a new claimant or well-versed in the process, it’s crucial to stay informed on the recent changes to R&D Tax Credits. Learn how these changes affect you in ISO QSL’s webinar with Business Solutions Midlands on 20th September at 11 am. Sign up here: https://us06web.zoom.us/webinar/register/6616914898661/WN_SjAj-jDbRlmCRKcxpIKNqQ#/registration