R&D Tax Credits
What are R&D Tax Credits?
Research & Development (R&D) Tax Credits are a government incentive to all businesses (not just those in the creative industry), that allow companies to claim back money spent developing new ideas or improving on old ones. You can claim a lot of different costs associated with researching and developing concepts and working techniques, and many of the innovative activities undertaken within the creative sector can be eligible for this tax relief.
If you are Limited Company and registered in the UK, you may be eligible. Ask us and find out.
Wath the video – R&D Tax Credits Explained (2mins)
Who is eligible?
- Does your company have a project?
- Does one of more activity within your project represent an advance in a field of science or technology?
- Does the advance extend the overall knowledge or capability in the field of science or technology, and not just the company’s own state of knowledge or capability
- Does the project involve an uncertainty that competent professionals can’t readily resolve and where solutions aren’t common knowledge?
If you can answer ‘Yes’ to all these questions, then you should be able to make a claim.
Visit our dedicated R&D Tax Credits website
Finch & Associates has a website devoted exclusively to R&D Tax Credits for UK registered Limited Companies.
There you’ll find more information to help you understand if your business – and your activity – might be eligible. Please go to www.rdtaxcreditspecialists.co.uk to find out more or call us on 01275 867350.