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Changes to R&D Tax Relief coming 1st April 2023
From 1 April 2023, the R&D tax credit scheme will see some changes as HMRC reforms its current system. While it’s important to be aware of these changes, there’s no need to panic. With guidance and support from the team at RfM Transform, your business can still make the most of R&D tax relief.
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Introducing StaffCentral™ from RfM Transform
StaffCentral™ allows you to easily track and manage employee leave, sickness, expenses, and performance. The platform is accessible online from anywhere, making it easy to access the information needed, when it's needed.
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How can your business benefit from the recent changes to R&D tax relief?
HMRC are changing the R&D tax relief regime. This means there are more chances than ever for SMEs to claim money for a growing list of eligible activities. If you’re not clear on how these might affect your business, please contact one of RfM Transform’s R&D experts today.
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Supreme Court ruling on Harpur Trust vs Brazel
The HR landscape changes all the time. Last month, the Supreme Court made an important ruling that could affect many businesses in the UK. The Court ruled that employees that only work for part of the year are entitled to the same holiday pay as their full-time colleagues. The case, The Harpur Trust v Brazel, could have significant repercussions. Are you prepared for how it might impact your business?
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Recovery Loan Scheme extension
Businesses are still recovering from the lockdown and the Covid-19 pandemic. New challenges are emerging with increasing costs coming from all sides. The government has made the decision to extend the vital support scheme that provided Government-backed loans to almost 19,000 UK SMEs since the scheme’s inception in 2021. We explain more below.
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Stop. Start. Continue.
We're all busy. And being busy can mean that we're not always as focused as we'd like to be. It's very easy, especially as a business leader, to get caught up in the everyday realities of running the business, focusing on the needs of clients, customers and staff. But are you actually doing the right thing? Or are you missing the bigger picture? Is the business suffering precisely because you're so busy running around doing everything? You may need to ask yourself: what should I stop doing, what should I start doing and what should I just keep cracking on with!?
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