What are research and development tax credits?
R & D Tax Credits are about rewarding the innovation taking place in UK businesses every day in terms of devices, materials, processes, products, services and systems.
Suitable for almost any business
R&D Tax Credits are not just for men in white coats working in laboratories; they apply to nearly all UK business for a variety of reasons.
R & D Tax Credits are the Government’s way of rewarding business that are developing new, or appreciably improving existing products, processes, systems and materials – and thereby increasing the country’s wealth creation capacity.
High average claim
A typical R&D Tax claim is in excess of £47,000 per UK company, so the rewards can be great for a small amount of effort.
Take our free R&D tax audit
As part of our small business advisory service, we have constructed a short online audit to help you assess whether there is an opportunity for you to receive tax relief. Take the free audit.
January is a notorious time of year for businesses having tight cash-flow. Take a look at the next 12 tips...
Over the last few months we have been exploring some key challenges facing business owners in 2022. We’ve already covered...
The Real Cost of COVID to Small Businesses It’s time to get back on track with your venture and start...