David Ward
Tax Partner

t: +44 (0)191 243 6081
e: davidward@unw.co.uk
David Ward
Tax Partner

t: +44 (0)191 243 6081
e: davidward@unw.co.uk
MEET THE TEAM

R&D Tax Credits

Research and Development (R&D) tax relief applies to companies who have incurred costs when developing new products and practices.

The tax relief is a focal point of the government’s strategy to encourage innovation and business development across the UK. A common misconception with R&D tax relief is that it only applies to large, multinational corporations, at UNW we have successfully worked on the claims of firms of varying sizes and turnovers.

We have a deep knowledge of the relevant legislation and act for numerous clients in explaining the legislation and identifying the qualifying projects/R&D that has been undertaken. We then ensure that the R&D claim is processed, often alongside the company’s tax return for the year, to ensure that the benefit of any R&D claim is obtained at the earliest opportunity.

LATEST NEWS

Chancellor announces one-off grants worth up to £9,000 for retail, hospitality, and leisure sectors and a further £594m for other businesses not eligible for them

Following the Government’s announcement of a new national lockdown on 4 January 2021, the Chancellor of the Exchequer Rishi Sunak

Chancellor extends furlough and government-backed loan schemes

On Thursday 17th December, the Chancellor of the Exchequer Rishi Sunak announced a month-long extension of the Coronavirus Job Retention

Sign up now to receive HMRC import VAT statements after 1 January 2021

In the run up to the end of the Brexit transitional period on 31 December, HMRC has announced the introduction

Christmas Party Expenses – What can employers provide to employees?

The festive season is almost upon us and for most employers this season will be like no other, due to