Make It Count: What Qualifies as R&D and What Doesn’t?

Make It Count: What Qualifies as R&D and What Doesn’t?

R&D Tax Credits are a great way for your company to fund innovation by offsetting the costs of research and development. But what actually qualifies as R&D?  While you probably have a pretty good idea of what research and development means in a general sense, HMRC have a much stricter definition. They say that ‘Not

Innovation Grants and R&D Tax Credits: What’s The Difference?

A little healthy competition: what are the differences between Innovation Grants and R&D Tax Credits?

So what’s the difference between an innovation grants and the R&D Tax Credit? We talk a lot about both in this blog and you’d be forgiven for thinking that they are essentially interchangeable. In fact, they are worlds apart. The main differences fall into four categories: who the money comes from, how the money is