Tax Credits - R & D

Tax Research and Development (R&D) Relief is a Corporation Tax relief that may reduce your company or organisation's tax bill by more than your actual expenditure on allowable R&D costs. Alternatively, SME’s may be able to choose to receive a tax credit instead by way of a cash sum paid by HMRC.

HMRC believes there are potentially over 150,000 SME's alone that could benefit from the scheme.

To discuss how your business could benefit from up to two years of retrospective claims and plan to optimise future claims contact us now.