The pharmaceutical industry is one of the biggest areas of research and development activity in the world. Despite this, many companies in the sector are still yet to claim R&D tax credits

Once a specialist area only reserved for R&D tax consultants and top accounting firms, Tax Cloud has made it possible for any accounting practice to offer R&D tax relief services.

Many companies don’t claim the R&D tax credits they’re entitled to because they think the claim process is too difficult, or the criteria for determining what counts as R&D are too complex. Here’s some good news: claiming R&D tax credits is not as difficult as you think.

To help your SME understand if your project is suitable for an R&D claim, we’ve provided the 4 essential questions you should ask yourself to determine your eligibility.

Many manufacturing projects are still missing out on R&D tax credits. Find out what qualifies as R&D in manufacturing.

R&D tax credits are great incentives for businesses who on average claim £85,000 per year. So, how do you know if what your business is doing is classed as R&D?

The latest statistics released by HMRC show that an average of £41,000 per company was being claimed in R&D tax credits from those working in agriculture, forestry and fishing industries.

If you haven’t considered your company’s eligibility for Research and Development (R&D) Tax Relief (also known as R&D Tax Credits), you could be missing out.

We receive a lot of enquiries on our website from companies that have attempted to make an R&D claim themselves but haven’t been able to do so successfully.

Tax Cloud, the leading online R&D tax credits claim portal for small to medium enterprises, are proud to announce the launch of our brand-new integration with Xero, a leading accounting and bookkeeping software used by over one million small businesses.

This article will help you understand what to look for when selecting an R&D tax credits claim portal. Below we explore some of the essential features that will ensure you experience a smooth, successful and fully maximised claims process.

Growing your accountancy practice might seem like a difficult task, but it doesn’t have to be. In the article below, we outline 5 ways to grow your accountancy practice and find new business:

The government’s tax credits for research and development expenses have been a catalyst for innovation and experimentation across the economy.

Introduced by the UK Government in 2000, the R&D Tax Credits incentive is designed to encourage innovation and increase spending on research and development (R&D) activities for companies operating in the UK.

This article provides an explanation of how making a claim with a specialist R&D tax credits firm differs from claiming with your accountant.

Here are the top 3 things you need to consider when making an R&D tax credits claim. These tips will ensure everything runs smoothly and you aren’t left disappointed.

If you don’t put in the time and effort to properly prepare your R&D tax credits claim, you may fall through a trapdoor into a series of HMRC enquiries into your claim.

We are delighted that the Accounting Excellence Awards 2018, have shortlisted Tax Cloud for Innovation of the Year.

Making R&D tax credit claims simple, convenient and cost-effective: Tax Cloud will be showcasing their innovate online solution at Accountex 2018, eXcel London 23rd & 24th May.

For small businesses, the best approach to making an R&D tax credits claim is to work with a specialist R&D tax credit consultancy firm that can provide targeted technical expertise

An effective tool for SMEs to process R&D tax credits claims, with expert advise on hand throughout the process

We take an insight into how the claiming of R&D tax credits aids development in UK-based small businessses and new enterprises.

If you’re considering applying for an R&D tax credit claim put are reluctant to waste time and engage in a lengthy process, read our tips on how to streamline things.

We recently launched a new Partner Programme to help Accounting Practices assist their clients in making R&D tax credits.

Exploring the costs that can be claimed R&D tax credits and the simplest routes to take to ensure the process can be repeated consistently.

Here are some of the common misconceptions about the R&D tax credits scheme that could be holding investors and business leaders back.

Tax Cloud recently had a successful showing at this years FinTech Connect Live exhibition in London. Our team members were on hand to provide full insights and demonstrate the advantages of our bespoke R&D tax credits portal.

There are a number of different schemes available which will be tailored to different businesses needs so you can be sure that you are maximizing your returns.

Innovate UK has recently launched a pilot loan competition for innovative SMEs. The pilot will last over 2 years with £50m being made available. Loans are offered at discounted interest rates, currently 3.7%, which means they are a form of state aid.

The Video Games Tax Relief (VGTR) scheme has been extended through to 2023. The incentive was due to expire in April 2018. VGTR enables developers in the gaming industry to claim beneficial tax credits on their production costs.

If you are thinking about going ahead with an R&D tax credits claim, be sure to read our tips on things to consider to ensure everything runs smoothly and you aren’t left disappointed.