How does it work?
If it is your first time making a claim, you can usually claim R&D tax relief for the last two accounting periods. If successful, this then results in either a substantial cash payment or Corporation Tax reduction.
Will you qualify?
To qualify, you must own a limited company that has been trading for over 12 months, and can prove you have developed or improved products, systems, devices or materials.
If you are in the following industries, you could qualify for R&D tax credits in the UK.
How much can you claim?
The amount you can claim depends on the amount of change implemented and monies spent on improvement of the business.
We offer a personal service to see if you are eligible for this relief. If you want to find out more information about R&D tax credits or any of the services available at 6 Wands please do not hesitate to contact us.