What  are R&D Tax Credits? (Research & Development)

Research & Development is work carried out on a specific project which can make an advancement towards science and technology.  As an incentive for this the government offer R&D Tax Credits which can either be offset as a deduction in your corporation tax bill, or provide a tax benefit due to the company depending on your tax position.

Any limited company can claim R&D Tax Credits providing that you meet certain criteria. So if you think that you might be eligible, please feel free to contact us as you have nothing to lose.