Many Companies Qualify – But are not claiming!
You would be surprised at what qualifies for R&D tax relief. It’s not just about people in white lab coats! In fact, almost any company in any industry is eligible for R&D tax credits, so long as the business is undertaking development activities to seek to achieve an advancement in science or technology. Many businesses are doing this already in their day-to-day work.
R&D tax relief is the government’s way of rewarding companies that are developing new, or improving existing products, processes, services, devices and materials or advancing the state of knowledge in their sector.
You can reduce your corporation tax bill or claim a tax credit repayment direct from HMRC. In some cases a claim can be made for the previous year also.
Free Review
R&D tax legislation is complicated, but our team are experts and will do all the hard work for you. If you would like someone to perform a no fee review of your position for R&D to see if your activities qualify, please contact the team and simply state ‘R&D’.
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