Funding R&D
Research and Development Tax Credits and Refunds.
Don’t miss out on FREE money that will help your business move forward!
“Developing and bringing a totally unique product to the UK kitchen market, in the form of ‘Real Green’ - sustainable, bamboo kitchen furniture, gave our showroom network a competitive edge and answered the ever growing sustainability demands of their customers.
The HMRC R&D credit really helped towards the costs!”
Peter Sanderson - Founder and MD / The Real Kitchen Co
“We were able to recover a huge proportion of our costs in the development of our unique, online Will writing service - - in terms of time and software development.”
Alex Clansey - MD of ‘mylastwill.co.uk
Research and Development (R&D) is very much an essential part of any organisations marketing with the development of new services, product ranges and manufacturing processes to help maintain that all important competitive edge.
It’s a fact that many businesses undertake regular R&D without necessarily realising that they could claim many of the associated costs back - greatly reducing their corporation tax liability.
If you are a UK Limited Company, these are just some of the R & D Costs that are Claimable:
Staff costs and wages associated with R&D projects
A portion of subcontractor costs associated with R&D projects
Materials and wastage associated with R&D projects
Travel and associated costs with R&D projects
Investment in unique technology and software involved with a new product or service - e.g CNC software to make a new product
Automation of specific aspects of manufacturing to improve output whilst retaining the quality of the product
Integration of non-typical construction materials to produce 100% sustainability
Even if the project has failed - you can still claim R&D costs back!
Whilst every client and project differs greatly, the size of the refunds / rebates, of set against Capital Gains Tax, can often be substantial.
If you are of two minds as to whether a project is viable, then let us decide; you only pay a fee if your R&D claim is successful!
Click the e - brochure below for more information:
