Major changes to the R&D tax credit scheme: Reporting - ABGi

Our Services

Our Services

Innovation Tax Relief
Grant Advisory
Intellectual Property
Business Funding

Innovation Tax Relief

Future-proof your innovation strategy to drive growth. ABGi helps you access the support you need to develop innovative products, processes & services.

R&D Tax Relief Patent Box R&D Allowances R&D Claim Audit Enquiry Defence Video Games Tax Relief

Our Grants Advisory Service

ABGi helps you secure funding by guiding you through strategy development, partner identification, proposal writing, submission, and post-award support to maximise your project’s success.

How we work with clients What we do for clients

Intellectual Property

ABGi helps you protect and maximise your IP by offering patent searching, filing alerts, IP audits, strategy advice, and patent drafting, ensuring your innovations are safeguarded and optimised for funding and tax benefits.

Patent Searching & Landscaping Patent Filing Alerts IP Audits IP Strategy Advice Patent Drafting & Filing We Work With You

Business Funding

ABGi offers a range of funding options for UK businesses, recognising that each company’s needs differ based on size, development stage, industry, and location. Our diverse funding options cater to these specific needs.

Cash Advances Land Remediation Relief Capital Allowances
Industries

Sectors

Architecture & building
Automotive
Apparell & Textiles
Electrical & Electronics
Engineering
Food, Drink & Agriculture
Life sciences
Manufacturing
Oil and Gas
Pharmaceutical & Chemical
Software & IT
Waste & Recycling

Architecture & Building Industry Tax Relief

Many architecture firms undertake qualifying R&D activity on a daily basis but fail to take advantage of R&D Tax Relief.

Automotive & Logistics Industry Tax Relief

Opportunity for R&D tax relief in the automotive and logistics sectors has increased thanks to significant technological changes over the last few years.

Apparel & Textile Industry Tax Relief

The technical textiles sector has seen some of Britain’s most interesting innovations in the international arena and it is extremely important for it to be encouraged and rewarded through R&D tax incentives.

Electrical & Electronics Industry Tax Relief

Research and development is a key area for electronics companies. However, due to the nature of the sector, finding the eligibility for R&D tax incentives essential for funding future projects can be ambiguous. ABGI UK has helped secure substantial sums of R&D tax credit claims for many electronics clients.

Engineering Industry Tax Relief

We help hundreds of engineering and machining companies find the right innovation funding and incentive solution for their business.

Food, Drink & Agriculture Industry Tax Relief

Many in the farming and agriculture industry unknowingly engage in R&D activities on a daily basis that could qualify for a significant tax credit.

Life Sciences Industry Tax Relief

ABGI UK works with a host of biotechnology, life science, scientific services and consultancy companies, recovering substantial sums that can be used to fund future research and development projects.

Manufacturing Industry Tax Relief

ABGI-UK helps manufacturing companies navigate the complexities of applying for innovation funding, ensuring that businesses already benefitting maximise their entitlement, as well as enabling those encountering the process for the first time to achieve a smooth route through it.

Oil & Gas Industry Tax Relief

If you are a company where you have people and costs associated with project activities aimed at advancing what you do, then you could be eligible for funding in the form of grants, tax incentives or commercial funding.

Pharmaceutical & Chemical Industry Tax Relief

Pharmaceutical and Chemical companies are some of the traditional R&D companies, advancing science and technology on a regular basis. Did you realise that those issues you’re dealing with in the pilot plant relating to raw material variability, or unexpected results when scaling up formulations, could all be eligible for R&D tax incentives and innovation funding?

Software & IT Industry Tax Relief

Software and IT companies are engaged in constant efforts to improve their products. In order to drive business growth and meet the expectations of increasingly demanding customers they must take risks, experiment and innovate or face inevitable stagnation in a brutally competitive industry. In other words, they must carry out R&D. Many companies are benefiting from R&D tax relief on their software development expenses.

Waste & Recycling Industry Tax Relief

Waste management is an area of continuing innovation, particularly in response to an overall drive toward resource efficiency, and likely to be eligible for significant funding to accelerate future innovation and business growth.
Partner with us
News & Resources
About Us

Who we are

Why choose ABGi?
Our Values
How we work with you
Corporate Social Responsibility
ABGi Global

Why choose ABGI?

Choosing the right partner for innovation funding can make all the difference. At ABGi, we combine deep technical expertise with a personal, client-focused approach, bringing together experienced scientists, engineers and tax professionals who work as an extension of your team. Our commitment to quality, compliance, flexibility, and long-term results is what sets us apart.

Our Values

Our values aren’t just words on a page—they guide everything we do. They shape the way we work with each other and with our clients, forming the foundation of the experience you can expect from ABGi. In every project, challenge, and conversation, our values help us deliver the kind of service we’re proud of—and you can rely on.

How we work with you

At ABGi, we know that time is precious—so we make the innovation funding process as straightforward and stress-free as possible. Whether you’re applying for grants, capital allowances, or tax incentives, we tailor our approach to fit around your business, ensuring minimal disruption while delivering maximum value. Here’s how we support you every step of the way.

Corporate Social Responsibility

At ABGi, responsibility goes beyond the work we do for clients. We believe in doing business the right way—ethically, sustainably, and with a genuine commitment to making a positive impact. Our approach to CSR reflects our values and underpins how we engage with our people, our communities, and the planet.

Our Locations

Innovation knows no borders—and neither do we. ABGi combines deep local knowledge with a strong international presence to support businesses across the globe. Explore how our global network and expertise can help you access funding wherever your innovation takes you.
Contact Us

Major changes to the R&D tax credit scheme: Reporting

8 June 2023

2 min read

‘Qualifying expenditure’

cloud computing costs, including storage, for accounting periods beginning on or after 1 April 2023
data licence costs, for accounting periods beginning on or after 1 April 2023
externally provided workers
payments to participants of a clinical trial
software
staff
subcontractor costs

Remember – HMRC will reject incomplete R&D tax credit submissions. And, of course, these are not the only changes

What does this mean for you?

Reporting for R&D tax credits has become far more complex. Breaking down expenditure by project and categorising it accurately will be challenging for those accountants unfamiliar with R&D projects.

You might need to rely more on the client but this can bring its own risks. Are you confident they will submit their R&D tax credit application accurately, is their record – keeping adequate. Will they push back and expect you to do it?

This is likely to take more time to do – more cost for you and/or your client.

In the UK, ABGi has been managing R&D tax credit claims for over 15 years. (You might remember us as Jumpstart and latterly, Visiativ Consulting).

We can support you through these changes – with advice and guidance or by managing part or all of the process, so please don’t hesitate to get in touch with ABGi. A representative will get back to you to discuss your unique needs and explain how we can assist.

get in touch to find out more