Jumpstart

Ask yourself the following three questions:

1. Is your company required to make a corporation tax (CT) return?
2. Did the company carry out R&D activities?
   Developing or improving the technology behind your products, processes and services could be R&D; routine or cosmetic improvements can't be R&D.
3. Did the company spend at least £10,000 a year on:
   • staffing costs for R&D employees
   • paying an external staff provider for R&D staff
   • materials, water, fuel and power for R&D
   • software directly used in R&D
   • subcontracting out R&D activities.

If the answer's yes to all three, you should be getting excited.