Tag: R&D tax redits
According to Government figures, R&D tax credits provide nearly £1 billion of support to over 6000 UK companies. Over the past year, RJP has helped many clients to reduce their corporation tax bills – some to almost nothing – by taking advantage of the Government’s R&D tax credits scheme. This is a generous relief and allows over 200% of the money invested in qualifying R&D activities to be offset against corporation tax. (more…)
April 27, 2012
Recent experience working with a selection of different clients has shown that Research and Development (R&D) tax credits are proving very valuable as a source of tax relief. Over the past few years, R&D tax credits seem to have earned a reputation for being difficult to qualify for, with a misconception that your line of business needs to include white coats and laboratories.
Taxtalk’s experience as Surrey tax accountants is to the contrary and a wide range of IT and technology companies are reaping the rewards. Applications for projects that are new and innovative, which cut operational time, help to achieve a competitive advantage, or even involve translating software into another language, are being approved successfully. (more…)
January 30, 2012
In our recent experience working with a selection of different clients, Research and Development (R&D) tax credits are proving very valuable as a source of tax relief. Over the past few years, R&D tax credits seem to have earned a reputation for being difficult to qualify for, with a misconception that it is essential for your line of business to include white coats and laboratories.
Our experience as Surrey accountants is to the contrary though and a wide range of IT and technology companies are reaping the rewards. Applications for projects that are new and innovative, which cut operational time, help to achieve a competitive advantage, or even involve translating software into another language, are being approved successfully. In some cases the savings are mounting into hundreds of thousands. (more…)
December 20, 2011
Although the recent Budget didn’t include any obvious giveaways for small businesses, improvements to the R&D tax credit system could be a real boon for entrepreneurs and SMEs.
Continue May 12, 2011
