You are probably carrying out a qualifying activity that could reduce your tax liabilities or generate cash for your business!
Governments around the world are encouraging businesses to invest in research and development as a way of promoting the national economy. The primary incentive used is Research and Development R&D Tax Credits, which rewards firms who invest heavily in forging paths to the future.
R&D is not only good for the economy – Businesses find these tax credits are valuable to them, not only in money saved but in attracting investors and improving value. Tax Credits can be passed onto new owners and enhance the value of your business should you decide to sell.
There are different types of R&D tax relief, depending on the size of your company and whether the project has been subcontracted to you or not.
- Small and medium-sized enterprises (SME) R&D Relief
- Research and Development Expenditure Credit (RDEC)
How we complete our claims:
- Identify and qualify all your eligible R&D projects
- Write up the supporting technical report(s) to support the R&D claim
- Liaise with HMRC throughout the process to ensure your claim(s) are optimised and accepted
- Minimise any potential disruption to your business and people
- Remove any risk or uncertainty from the claim process
- Maximise the overall benefit to your company
Do you qualify for an R&D Tax Credit? Or are you in the process of including the appropriate documentation to your tax filing?
Does your business invest in research and development and can you benefit from these tax breaks to take your company further?
Arrange a free and confidential call to speak with one of our R&D experts
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