HM Revenue & Customs (HMRC) has been accused of a "cover-up" regarding its staff's unauthorised use of artificial intelligence to reject research and development (R&D) tax credit claims. The controversy follows a legal defeat in August, where a tax tribunal ordered HMRC to disclose whether i
Tax Credits
The number of Scottish SMEs claiming R&D tax credits has dropped by 16% in 2022/2023 compared to the previous period, despite a 10% rise in the value of claims, reflecting that, whilst there are fewer claims, the size of each claim has increased. Gemma Monaghan, head of R&D tax with Azets, s
Around 70 business leaders attended an exclusive event in Aberdeen focusing on accelerating the energy transition through research and development (R&D) tax credits. Organised by R&D tax credit specialist ZLX Business Solutions, the event saw the launch of the technology growth fund (TGF) at
Alex Neil Tax credit cuts announced in the UK government’s Budget could leave Scottish families £700 million worse off a year, the Scottish Government has claimed.