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KEVIN NICHOLSON and DENISE ROBERTS help demystify the research and development tax relief system.
DO I QUALIFY? What is it? How do I claim? Is it worth it? These are perfectly reasonable and common questions in relation to research and development. Most companies have heard of research and development tax relief. However, many may not realise that they qualify for it or how to go about applying.
KEVIN NICHOLSON and DENISE ROBERTS help demystify the research and development tax relief system.
DO I QUALIFY? What is it? How do I claim? Is it worth it? These are perfectly reasonable and common questions in relation to research and development. Most companies have heard of research and development tax relief. However many may not realise that they qualify for it or how to go about applying.
The Department of Trade and Industry recently published its research and development scoreboard. Despite the glowing headlines that the number of R&D mid-sized UK companies has increased by more than 75% over the last four years are the tax incentives working as effectively as the Government had intended? When R&D tax relief is suggested the reaction from many smaller companies including owner-managed businesses would indicate not: 'research and development? Oh no we don't...
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