R&D Tax Credits are an HMRC tax incentive established to encourage companies to invest in Design and Innovation. They can offer your business the opportunity to claim back a proportion of your R&D expenditure as tax credits, reducing your overall tax burden. A successful claim can result in a cash injection of up to 33p for every pound spent on R&D, into your ongoing innovation activities.
As specialists in Product Development, we can advise on your R+D claims and complete successful applications. Please get in contact with us below for more information about the service we offer, with no obligation.