How your Covid-19 claims could affect your R&D tax credits

How your Covid-19 claims could affect your R&D tax credits

We are expecting HMRC to challenge future claims for Research and Development tax credits on the basis of claims made under the various Covid-19 support schemes. This is because subsidies and grants will affect eligibility for R&D tax credit claims. RDP has...
Furlough scheme extended until October

Furlough scheme extended until October

The Coronavirus Job Retention Scheme (furlough) has been extended until October as the Chancellor, Rishi Sunak, continues the government’s help businesses through the Coronavirus pandemic. Coronavirus Job Retention Scheme will continue until end of October...
100% State backed small business loans announced

100% State backed small business loans announced

Chancellor Rishi Sunak has today announced that small firms are to get access to 100% taxpayer-backed loans. The news comes after business owners raised concerns about slow access to existing coronavirus rescue schemes. The scheme will open on Monday the 4th May and...
Government support for innovative SMEs

Government support for innovative SMEs

Rishi Sunak as Chancellor has announced a suite of new incentives for UK businesses to support innovative businesses at this difficult time. Chancellor announces new £1.25 billion coronavirus package to protect firms driving innovation in UK package includes a £500...
Have you claimed your business rates support grant?

Have you claimed your business rates support grant?

Local Authorities are now paying out the Small Business Grants Funding and Retail, Hospitality and Leisure Grant Funding – have you claimed yours yet? If you have been identified as qualifying for the either of the grants, you will have been written to or e-mailed...
Coronavirus (COVID-19): CBILS summary helpsheet

Coronavirus (COVID-19): CBILS summary helpsheet

The Coronavirus Business Interruption Loan Scheme (CBILS) has been implemented to support long-term viable businesses who are looking to alleviate cashflow pressures through seeking finance. The finance will be provided by the British Business Bank through...