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

The key announcements from Rishi Sunak’s Winter Economy Plan

In his announcement to Parliament today (24 September), the Chancellor Rishi Sunak set out details of the Winter Economy Plan,

Expansion of zero-rated VAT for charity digital advertising

HMRC recently published a brief clarifying its policy on VAT and digital advertising services purchased by charities. The brief expands

UNW strengthens Employment Tax expertise with new Senior Manager

In response to continued demand for its specialist tax services, North East accountancy and business advisory firm UNW has added

Updated Tax Rates for 2020/2021

At the Summer Economic Update on 8 July 2020, the Chancellor Rishi Sunak announced changes to Property Taxes affecting purchasers