Benefitting from Innovation: R&D Tax Relief
James Cowper Kreston has an exceptional track record in helping companies reduce their tax bill through R&D tax relief or, if they are not currently taxpayers, getting substantial cash pay-outs to fund their qualifying research and development activities.
How does it work?
Companies that spend money developing new products, processes or services; or enhancing existing ones, may be eligible for R&D tax relief. If you’re spending money on your innovation, you could make an R&D tax credit claim to receive either a cash payment and/or corporation tax reduction. The company must complete an “Additional Information Form” (AIF) on a dedicated HMRC portal and then subsequently include the R&D tax relief claim on its corporation tax return.
Find out how we can help you by clicking on the link below.