UK
Ireland
Recent changes to the R&D tax legislation and how best to maximise your R&D benefit
Research and development tax credits: once a life-line for many fintech businesses is now leaving doubt and uncertainty. In this recording we explore the changing R&D landscape, mitigating risk and Patent Box.
Research and development tax credits: once a life-line for many fintech businesses is now leaving doubt and uncertainty. As HMRC tries to tackle the estimated £1.3bn lost to error and fraud by introducing additional filing requirements with strict and excessive compliance checks, many innocent and highly innovative businesses are getting caught in the crossfire.
There is still hope and many fintech businesses continue to receive their R&D tax credits promptly. However, it’s now more important than ever to ensure your R&D tax claims are robust and compliant.
Furthermore, as the focus for most fintech businesses has changed from ‘growth at all costs’ to profitability, we explore other incentives that are being used to fund innovation.
In our presentation, we explore the changing R&D landscape, mitigating risk and Patent Box.
Disclaimer
This content was produced when S&W was part of the Evelyn Partners group of companies and as such, contains Evelyn Partners trademarks and branding. We are displaying this with Evelyn Partners Group permission, but S&W is not otherwise affiliated with Evelyn Partners. Evelyn Partners Group Limited and its affiliates accept no liability for loss or damage arising as result of any reliance on the information contained within.
Time & Location
Agenda
By watching this recording you will hear us discuss:
• The R&D tax regimes – present and future
• Qualifying cost categories
• Data and cloud computing costs
• Refocusing the reliefs towards innovation in the UK
• Tackling abuse and improving confidence
• Examples of eligible R&D activities within the fintech industry
• Evelyn Partners R&D claim process
• The potential next step – Patent Box