Peter Clark

Co-founder and R&D Technical Director: As an experienced R&D professional, Peter completed an engineering doctorate whilst working within a FTSE 100 central R&D department and subsequently worked in development engineering, refining precious metals, before undertaking management consulting work to implement innovation software. Having worked within one of Europe's largest innovation funding providers, Peter has worked extensively on life sciences, engineering, construction, manufacturing, and defence R&D claims. With a core background in R&D and Chemical Engineering, Peter can better understand the challenges encountered by his clients, applying technology driven solutions into corporation tax services on behalf of clients.

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The R&D tax relief gap: why startups are falling behind despite overall progress

HMRC’s latest statistics on R&D tax relief paint a new picture for the UK’s startup ecosystem. While larger and more established innovators continue to claim and invest, small businesses and first-time claimants are increasingly stepping away from the scheme altogether due to compliance measures and a reduction in rates.

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