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Research and development are crucial components for businesses that are either starting out or looking to expand. Recognizing the importance of innovation, the government provides R&D tax relief to support many companies in their efforts.
If you’re wondering whether you qualify for R&D tax relief, we’re here to guide you through the process.
Generally, you’ll be eligible for R&D if you’re paying someone to address a technical problem. This could involve:
Many businesses overlook R&D tax relief, thinking it’s only applicable to highly specialized sectors or that the requirements are too stringent. However, you might be surprised by your eligibility.
That’s why we’re here to assist you. You could be entitled to substantial savings!
At RRDigitax, we have an ex-HMRC inspector on our team to assist you in making R&D tax relief claims. We will evaluate your potential eligibility and handle the entire process of claiming tax relief for you. RRDigitax will communicate with HMRC on your behalf, ensuring a seamless experience with minimal effort required on your part.
If you’re an SME incurring £100,000 of qualifying costs, you could potentially save close to £25,000 in tax!
It’s definitely worth checking your eligibility through our service. Additionally, you can claim back for up to two financial years, allowing for even more savings.
You can receive tax relief by either reducing your taxable profits or creating tax losses that can be submitted to HMRC for a cash repayment. We’ll guide you through the entire process and discuss the best options for you.
Contact RRDigitax today, and we’ll work with you to assess your eligibility.
Fortunately, there is a scheme that could provide significant tax relief for your business.
Research and Development (R&D) tax relief offers generous savings to businesses engaged in innovative activities.
Discuss your business and accountancy needs in detail with our friendly team with absolutely no obligation. Call our friendly team on 0333 772 3533 or
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0333 772 3533
info@rrdigitax.co.uk
933 Stockport Road Manchester M19 3NP
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