Budget announcements made on 15 March 2023

As announced at Autumn Budget 2021, the government will legislate in Spring Finance Bill 2023 to reform the R&D reliefs, the Small and Medium-sized Enterprise (SME) scheme and the R&D Expenditure Credit (RDEC).
The legislation will apply generally to accounting periods starting on or after 1 April 2023 except for the requirement to provide additional…

New look. Same, trusted service

If there is one, signature element to the service we provide our clients, it is how we simplify the process of claiming for HMRC R&D Tax Credits. Whether that means reducing the management time spent on producing the claims submission, or writing those submissions in plain English that HMRC assessors can easily understand, simplification is a key part of the RDA Way. […]

Putting Sustenance into Sustainability

If climate change is among the greatest challenges currently facing humanity, we all have a responsibility to think hard about how to overcome it.
Governments might make the headlines with the targets they set at major conferences but – as in so many things – it will be the private sector that delivers. […]

OECD Main Science and Technology Indicators Highlights on R&D expenditure

The latest official statistics for research and development (R&D) indicate that, prior to the onset of the COVID-19 pandemic, R&D expenditure in the OECD area grew in real terms by 4% in 2019. According to the latest data published on 18 March in the OECD Main Science and Technology Indicators (MSTI) database, OECD R&D intensity (domestic expenditure on R&D expressed as a percentage of gross domestic product (GDP)) rose from 2.4% in 2018 to nearly 2.5% in 2019. […]

RDA is rebranding – here’s why

For R&D Advisors, ‘Develop Together’ is more than a slogan but an axiom to abide by. It drives our thinking through everything we do in serving our valued clients.
More than that, it describes our activity in stimulating the UK economy. As an advisory firm helping to construct claims under the HMRC R&D Tax Credits Scheme, with every successful claim delivered, we are helping the UK’s development as an advanced, innovative economy – something that benefits us all. […]

Meet the specialists who help you claim back R&D tax credits

R&D Advisors UK Limited was founded by Kevin Auchoybur, who has over eight years’ experience in advising clients on their eligibility for R&D tax credits and has successfully claimed a large number of refunds in that time for SMEs carrying out research and development. Kevin leads a team which has a deep and thorough understanding of R&D tax credits legislation, experts in identifying whether a business qualifies for R&D tax credits, and what expenditure qualifies for the scheme. […]