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R & D Tax Credits Blog

Don’t miss the chance to have your say on the new R&D tax relief cap

The government consultation period on the new R&D cap for loss making companies ends at 11.59pm on the 24th May. If you have concerns about how the cap will affect your business, this is your chance to influence HMRC’s decisions about the forthcoming process. The policy itself will not be implemented until April 2020. What [...]

Why has McDonald’s bought an AI company?

McDonald’s have recently bought an Israeli start-up company called Dynamic Yield. The artificial intelligence (AI) technology that they’ve developed will help the fast food chain to give customers “a much more personalised experience.” It’s a reasonable assumption that they predict the incorporation of the technology into their systems will produce a very dynamic yield, as [...]

New Guidance: R&D Tax Relief for Software Development

Software is now a ubiquitous feature of all industries. It’s almost easier to think of areas without a software component. Whether you are an IT department or company, HMRC’s new guidance for making software development R&D claims is worth a read. Innovation in software development There are so many new innovations constantly evolving in software [...]