Blog

ABGi news from across the UK and the world

Covid 19 Recovery Loan Scheme – Impact for Northern Irish Companies

If you are unsure on what the potential impact of obtaining these loans could have on your R&D Tax Relief Claims, particularly if your company is subject to the Northern Ireland Protocol, please contact us.

Budget 2021

In his Budget speech, Rishi Sunak highlighted the dramatic effect of the pandemic on the UK economy, as well as reminding us of the breadth of support measures the government has put in place (and the associated costs).

Kickstart your innovation plans with the next round of Smart Grants

Innovate UK Smart grants are open to all industries, all sectors and all technology types and the next round in May 2021 could help re-align your R&D programme, ABGI are here to help.

Business support for the latest lockdown

Responding to the latest lockdown announcements in the UK, Chancellor Rishi Sunak has announced a new package of support for businesses worth around £4.6bn.

Tighter controls and further regulation needed to combat erroneous and fraudulent claims

Innovation funding specialist ABGI UK has called for stricter measures and greater regulation of advisers after more than £300m incorrect and illegitimate R&D tax claims were identified within HMRC’s annual report.

2020 HMRC R&D tax relief statistics

Since 2000-01, when the R&D tax credit schemes were launched, over 300,000 claims have been made and £33.3bn in tax relief claimed.

Rise in Welsh R&D Tax Relief Claims

Wales has seen another rise in R&D (research and development) tax credit claims, according to statistics released by HMRC.

South East: Big jump in R&D tax relief claims

The South East has seen another significant rise in R&D (research and development) tax credit claims, according to statistics released by HMRC.

Rise in North West R&D tax relief claims

The North West of England has seen another rise in R&D (research and development) tax credit claims, according to statistics released today by HMRC.

Scotland sees rise in R&D tax relief claims

Scotland has seen another rise in R&D (research and development) tax credit claims, according to statistics released by HMRC yesterday.

Rise in R&D tax relief claims

The East Midlands has seen another rise in research and development tax credit claims, according to statistics released by HMRC.

Major Rise In Yorkshire And Humber R&D Tax Relief Claims

Yorkshire and Humber has seen another rise in R&D (research and development) tax credit claims, according to statistics released today by HMRC.