Who can apply for R&D tax relief?
In order to claim R&D tax relief, your activities must meet HMRC’s definition of R&D – however, this includes more than you may think.
- Your project must firstly relate to your company trade, whether current or future.
- Your project must have attempted to achieve an advance or an appreciable improvement in science or technology.
- Your project must also have attempted to overcome technological or scientific uncertainty.
- Your project may not have been easily worked out by a competent professional in the field.
It costs nothing to find out if you qualify, so check your eligibility today, or get in touch if you want to talk to an expert about your R&D activities.