The UK has one of the most attractive research and development (R&D) tax credit regimes in the world. It is designed to reward business innovation and boost intellectual property across the country. However, many small and medium-sized businesses are unaware of the schemes and thus missing out on a vital source of funding.
How our R&D experts can help
Our specialist team of scientists, engineers and tax advisers are here to help. From identifying surprising activities that qualify as research and development to considering additional tax implications, we take care of everything, leaving you to concentrate on running your business.
Areas that qualify as research and development include
- Software development
- Outsourced innovation
- Research costs
- Product development
- Working in collaboration on a project
- Trialling-related costs and prototypes
- Process development (or improvements to manufacturing processes)
As a member of Moore Global Network, a global accountancy and consultancy network in some 112 countries around the world, we are also well placed to meet your international business needs.