R&D tax credits

Rewarding innovation

If you’re a company looking to make your mark on the world with innovation and creativity, you’re perfectly placed to look into research and development (R&D) tax credits.

The Government likes to reward the hard work of companies such as yours for making waves in your industry. But, if you don’t know how to claim these tax credits, you could lose out.

It can be costly to break into developing industries. The labour spend, the tech you’ll have to use, and even the research can build up to a large expense. 

That’s why we’ll work closely with you to make sure you understand if you’re eligible for R&D tax credits, so if you qualify, you can scrape back some of your costs.

R&D doesn’t just apply to experimental work but also to materials, products, designs and services. 

Even SMEs can claim R&D tax credits if they have less than 500 staff and a turnover of less than €100 million a year or a balance sheet under €86m.

SME R&D relief will allow a company to deduct an extra 130% of their qualifying costs from their annual profit. So don’t miss out on this opportunity.

 

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