R&D Tax Credits for the I.T & Software sector

The software industry is as you would expect driven by technology & innovation and it is estimated software costs amount to around 60% of expenditure for SME’s. The industry is huge and ever growing especially with the need for new products and services to be developed, this is particularly relevant as companies try to embrace the digitalization of today’s competitive environment. The drawback with the industry is the significant amount of financial outlay that is required that comes with investing in IT & Software. R&D Tax Incentives Ltd can help you understand the expenditure that is incurred and assist you in maximizing your tax relief.