Once reserved for blue sky research or medical advances to cure disease the generous tax relief available on R & D now has a lot wider application and benefit, but most businesses are still not claiming it.
It may be prototypes produced, new processes introduced to improve productivity or new working methods/practices to improve efficiency. Some of the claims are technology based, but not all of them.
We are now seeing manufacturers, property developers, service based industries and businesses across all sectors take advantage of this tax incentive. Our specialists are confident in the work they undertake, which is why we are happy to carry out a review and you only pay us based on the benefits and the tax we save.
We have the ability to go back for up to 2 years to make a claim and you will be surprised at the costs that can be included for a relief that be up to 230% of the cost!