Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.
R&D tax credits are generally considered to be one of the most attractive tax reliefs available, often resulting in significant cash repayments from HMRC.
R&D in Football Clubs
Research and development plays a crucial part in football clubs, to continuously monitor quality and reliability in the areas where it matters to football players most, such as the equipment, surface, technology and services used for their game.
Football clubs therefore invest in R&D in order to identify the players’ needs, to obtain scientific findings on the existing problems and accordingly to improve and develop requirements for the standard. Areas of research may include the safety of athletes and all others involved in the game of football; Durability of all football related products; Performance of all related equipment; Quality Assurance and more...
What are the potential areas of eligibility?
A vast range of activity in the area of football, which could include:
- Training methodologies;
- Nutrition/diet improvements to enable faster recovery, improved strength concentration, supplements to improve rehydration; all of which might be trialled at academy level;
- Injury recover, use of innovation technology/physio to reduce injury layoff and improve strength in muscle/bone for future;
- Training to increase and improve post match recovery and improve overall stamina/fitness;
- Improved surface treatment for better growth/more robust pitch;
- Technology within stadium connectivity;
- IT systems to handle large surges in demand when tickets go on sale.
Why Jumpstart?
THERE IS NO SUBSTITUTE FOR EXPERIENCE AND EXPERTISE. Experience gained through years of daily involvement in putting together thousands of successful R&D tax claims. Expertise built through a detailed programme of training and study, maintained and regularly enhanced.
We have helped literally thousands of businesses, some of whom had no idea they would qualify, to recover over a WHOPPING £100m in R&D tax relief benefits.
