R&D Tax Credits help support businesses that incur costs in developing products, processes, software or services.
Eligible business can receive a corporation tax deduction or cash payment from HMRC.
The research & development (R&D) tax credit is designed to encourage innovation and increase spending on research activities for companies operating in the UK. This allows up to 33.3% of a company’s R&D spend to be recovered either as a reduction in Corporation Tax or a cash repayment.
An eligible business may include the following services:
- Creating new products, processes or services.
- Changing or modifying an existing product or service.
- Undertake qualifying research and development activities
Our charge would be 15% of tax saving plus VAT.
Get in touch to see if you are eligible today:
01384 403 500