Research and Development tax credits

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Reasearch and development tax relief arises form far more business moments than most people realise. This tax relief is not just applicable for scientific explorations, it is for ‘scratch the head’ moments where a solution to a problem is sought in order to adapt a product for a particular market, for example, or create a new one. This can be in all businesses from farming to software technology.

If you have had to find a different or new way of doing something for your customers or a particular customer or market, and it is not the typical solution finding process you carry out everyday as part of your routine work then the business may be entitled to R&D tax relief.

We advise on the elements and business costs that are valid for the relief and calcuate this for clients.