Cash flow management is crucial during this challenging time; if your business incurs R&D expenditure, you may be able to reduce your corporate tax bill. R&D Tax Relief allows eligible profitable and loss-making small and medium-sized enterprises (SMEs) to claim relief of around 20% of qualifying R&D expenditure. The R&D tax relief scheme underwent a significant overhaul in 2024.  Related Article | R&D tax relief has changed: What does this … Continue reading →