Tax savings available through Research and Development relief
For the past few years, the Government has publicly announced that it wants the UK to be one of the leading countries in the world for innovation, and to help support this, they have provided some very valuable tax reliefs to companies.
With West Cumbria being a rich source of innovative ideas in the nuclear sector, there is a unique opportunity for both Small and Medium sized Enterprises (SMEs) and those companies that are subcontracted to ‘Large’ Corporates to reap the benefits of Research and Development (R&D) relief.
The key to identifying whether a company qualifies for R&D relief, or whether it is beneficial for a company to further pursue the review of whether R&D relief will be available, can usually be established through a brief conversation and some key questions.
Brett Bennett, robinson+co’s Tax Partner is a leading Research and Development specialist.
Brett has overseen many successful R&D claims, saving companies thousands of pounds in corporation tax.
Contact Brett today to see if you qualify on 01900 603623 or by email to firstname.lastname@example.org