R&D tax relief | New Forest Tax Accountants
R&D Tax Relief
Research and Development (R&D) Relief is a Corporation Tax relief that may reduce your company’s tax bill. Alternatively, if your company or organisation is small or medium-sized, you may be able to choose to receive a tax credit instead, by way of a cash sum paid by HM Revenue & Customs (HMRC).
This relief is available to all companies and can be claimed on advances across a broad range of sciences and technologies. At New Forest Tax Accountants we have extensive experience of preparing claims across a number of industry sectors and agreeing these claims with the HMRC’s specialist R&D units. We will work closely with you to produce a report that details both the nature of the company’s R&D activities and maximises the costs that can be included in the claim.
If you would like to know more about R&D tax relief or would like to arrange a free initial meeting to discuss in more detail how we can help you, please contact us.