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Last week we analysed the potential impact of HMRC losing a landmark software R&D tax tribunal. Coincidentally, another tribunal ruling was released, relating to a separate software R&D tax case, which HMRC won this time. We explain the key differences and the lessons they provide for future R&D tax relief claims.

HMRC lost a landmark R&D tax tribunal case which has significant implications on the validity of their current enquiry procedure, setting a positive precedent for companies concerned about making an R&D tax credit claim or having their claims unfairly denied. Read on to understand how this ruling could impact your business.

In this article, we look at how implementing a “product lifecycle management” culture and discipline can help manufacturers address challenges by allowing teams to share information, collaborate more effectively, be more responsive, and make their limited R&D budgets stretch that bit further and with more impressive results.

The right technology can transform your business, driving innovation, streamlining operations, and improving customer experiences. However, introducing new technology can seem daunting to many companies – where do you begin?

Read on to discover insights for leveraging technology, securing funding, and developing a robust innovation strategy.

The biotech industry is entering a new era with the success of mRNA vaccines against COVID-19. This technology, known for its speed and adaptability, is set to revolutionise personalised medicine and vaccine development, offering new treatments for conditions like cancer and autoimmune diseases.

The Patent Box is a smart way to obtain tax relief on profits earned from patented inventions. If you're looking to offset the costs of innovation in your business, then keep reading to learn how the Patent Box can make a difference to your financial strategy

With every material breakthrough, every design innovation, and every step towards more sustainable manufacturing practices, Additive Manufacturing reaffirms its role as a cornerstone of aerospace engineering and manufacturing.

Following recent changes both to the R&D tax relief scheme and to Capital Allowances, many companies are confused about which pot to claim from, in order to optimise the tax breaks they can take advantage of. Our Guide to Maximising the Allowances on Offer is worth a read if you undertake R&D

In recent years, precision fermentation has emerged as a ground-breaking technology with the potential to revolutionise various industries, particularly when it comes to food production. While the prospects are exciting, it is essential to acknowledge the potential and pitfalls of this cutting-edge technology.

Geothermal energy production boasts numerous environmental and economic advantages. It produces minimal greenhouse gas emissions, making it one of the cleanest forms of energy available. Moreover, developing geothermal projects can stimulate local economies by creating jobs and attracting investment.