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What is the difference between innovation and R&D?
Innovation and R&D for tax purposes are not interchangeable. Simba explores the distinction and why it matters when you assess a project.
With Simba MareverwaSimba Mareverwa
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About this reel
Simba discussed the difference between the definition of R&D for tax purposes and the broader meaning of innovation.
To explore whether your own development work could support a claim, see our R&D tax relief service.
The collection
A question worth exploring.
Short conversations on qualifying innovation, stronger claims and HMRC.
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01In the playerWhat HMRC wishes all businesses understood.
InnoFund
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02In the playerWhat is the difference between innovation and R&D?
Simba Mareverwa
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03In the playerCan your accountant defend an R&D enquiry?
Simba Mareverwa
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04In the playerAre legitimate R&D tax relief claims rejected by HMRC?
Simba Mareverwa
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