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R&D Tax Credits for Cloud Computing and Data Analytics

In the March Budget 2021, the Chancellor announced a wide scale review into the R&D tax relief scheme. The review aimed to ensure that existing R&D tax relief schemes remain fit for purpose and to build on a previous consultation to determine whether data and cloud computing services should be brought into the scope of R&D tax credits relief scheme.  

Autumn Budget 2021: Key points

A roundup of the key points announced by Chancellor Rishi Sunak in the 2021 Autumn Budget. 

New R&D Tax Credit Cap imposed for PAYE

The PAYE cap, which was first mentioned in the 2018 Budget, is finally becoming law for accounting periods beginning on or after 1 April 2021.   

Reaping the benefits of nanotechnology in the oil & gas industry

As the global nanotechnology industry continues to grow the oil and gas industry looks to benefit in more efficient and effective production.