Member Articles

Understanding the nuances between grants and contracts in terms of VAT is important for financial management and VAT compliance and mistakes can be very costly. The first thing to note is that whilst grant funding is ou ...

Rates for research and development tax credits are set to change from April 2023 as part of HMRC’s planned overhaul of the R&D tax relief system. These changes were first announced as part of the Autumn Statement ...

Ellen Main-Jeffrey, Head of VAT Services at Burgis & Bullock, looks at the impact the mooted reduction in VAT rate could have on businesses. There are widespread rumours that the government is considering cutting th ...

R&D tax credits are a government-designed incentive to encourage businesses to invest in research and development. The amount of tax credit a business is entitled to depends on whether it accesses the SME scheme or ...

Mergers and acquisitions activity is at record levels and the number of Midlands deals in the first nine months of 2021 was 38 per cent higher than in the same period last year[1]. Corporates are looking to position the ...

The research and development tax credit is a great way for start-ups to receive funding for their R&D costs. If your claim qualifies, you will be able to get back almost one-third of your total spend. But it can be ...