R&D Claim Enquiry Defence When your business submits a claim for R&D tax relief, the last thing you want is an unexpected HMRC enquiry challenging that claim. R&D claim enquiry defence is the service of protecting and justifying your R&D tax credit claim during an HMRC review or investigation. At FI Group, we specialise in…

Claiming R&D tax relief is a crucial financial boost for innovative businesses in the UK. However, with the introduction of the Advanced Notification Form (ANF), companies must now be more proactive to secure their claims. In this blog, we will guide you through everything you need to know about the ANF, from eligibility and submission…

How R&D Tax Relief Supports the World’s First Cargo Drone Airline – Dronamics Case Study Executive Summary   Dronamics, a UK based aeronautical engineering company, are on a mission to revolutionise the logistics industry by supplying the world’s first cargo drone airline, delivering advanced cargo transport mobility, powered by long-range cargo drones that save time, costs…

Overview Clinical trial participants play a crucial role in the development of new medical treatments and therapies. This guide covers the key aspects of involving participants in clinical trials, including their definition, restrictions, and how to calculate R&D tax relief for their involvement. Who Are Clinical Trial Participants? Clinical trial participants are individuals who volunteer…

Executive Summary To date, Stablepharma has identified over 60 existing vaccines poised for transformation into fridge-free formulations. However, Stablepharma has faced significant financial pressures due to the substantial development costs associated with their innovative adaptable fridge-free technology, alongside the challenges of navigating the intricate R&D tax relief application process. To address these challenges, FI Group…

Consumable Costs in R&D Tax Credit Claims: Your FI Group Guide R&D tax credits are a valuable incentive for companies investing in innovation. One of the key components are Consumable Costs in R&D Tax Credit Claims. Understanding what consumable costs can be included in R&D tax credit claims is crucial for maximising your benefit. This…

Space for Construction Monitoring Overview The European Space Agency is inviting proposals for the “Space for Construction Monitoring” grant funding call. This initiative aims to assess the feasibility of and demonstrate high-resolution monitoring of construction sites using satellite data and technology at an affordable price point. The goal is to improve the monitoring of construction…

HMRC has introduced a new disclosure service aimed at companies that may have inadvertently overclaimed Research and Development tax relief in previous years. This initiative comes in response to the significant levels of error and fraud identified in R&D tax relief schemes. In an analysis of the 2020-21 claims, HMRC found that nearly one-quarter of…

An FI Group UK Guide: Externally Provided Workers in R&D Claims Externally Provided Workers in R&D claims are seen as the temporary staff supplied by third-party agencies. This guide covers the key aspects of EPWs, including their definition, restrictions, and how to calculate R&D tax relief for their services. What Are Externally Provided Workers in…

An FI Group UK Guide: Staffing Costs in R&D Tax Credit Claims R and D tax credits are a valuable incentive for companies investing in innovation. One of the key components is working out staffing costs in R&D tax credit claims. Understanding what staffing costs can be included in R&D tax credit claims is crucial…