R&D Tax Credits
What is the R&D tax credit scheme?
The R&D Tax Credit scheme is an HM Revenue & Customs (HMRC) incentive to encourage innovation in companies operating in the UK. The Government’s aim for the scheme is to encourage increased R&D spending to make the UK more competitive internationally. The R&D Tax Credit works by allowing companies an increased, or enhanced, deduction in respect of qualifying expenditure on R&D activities.
The government guidelines for R&D tax claims is broad:- ‘Any business taking a risk by innovating, improving or developing a process, product or service is engaged in R&D activity'.
Does your company do ANY of the following:
Ever wondered “Are we eligible for R&D Tax Credits?” Usually the answer is yes.
With extensive experience in this area, and a combined 50+ years engineering background, we are here to provide a reliable and efficient service based on a “no win, no fee system”. One face to face meeting will be enough for Aitken2 to determine whether you’re likely to be eligible for the scheme, or not – there really is nothing to lose and everything to gain!
Contact our experienced and knowledgeable team on 01482 631528.