Blog

ABGi news from across the UK and the world

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.

New HMRC Stats Show 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.

London continues to dominate UK R & D tax relief claims

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

Rental firm in ‘Netflix of clothing’ enterprise

A formalwear hire firm whose business “fell off a cliff” when weddings were postponed during lockdown is accelerating its move into the emerging market for renting everyday clothing.

Regulating advisers will reduce R&D tax relief abuse

As HMRC concludes consultation on the abuse of research & development tax relief at the end of August, ABGI-UK’s Scott Henderson calls for the regulation of advisers at a time when the UK needs to be globally competitive