JJMK Consultants

Autumn Budget 2021

Autumn Budget 2021: R&D tax incentives key to keeping the UK at the forefront of innovation UK chancellor Rishi Sunak’s second Budget of 2021 was full of bold ideas and ambitious new plans to stimulate growth and investment in the UK. Innovation and Research & Development (R&D) tax relief are seen as an integral part… Continue reading Autumn Budget 2021

HMRC R&D Statistics 2021

HM Revenue and Customs (HMRC) have recently released their latest R&D Tax Credits National Statistics Report, providing valuable information about Research and Development (R&D) Tax Credits, their cost, and the nature of the companies claiming them. The report, published each year, covers the accounting period up to the year ending March 2020. You can find highlights… Continue reading HMRC R&D Statistics 2021


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Budget 2021: R&D

It is great news for the UK that the Chancellor has taken the opportunity to promote innovation in the March 2021 Budget. The government recognises that this is central to the strategy to boost productivity and economic growth and has a target that spending on research and development (R&D) should be at 2.4% of GDP… Continue reading Budget 2021: R&D