Are you sure we’re eligible?
Yes, we hear that a lot, because so many companies don’t realise that they are doing R&D.
It’s understandable – why, when your company makes blinds / bagpipes / boilers and anything in between (delete as appropriate) with not a lab coat in sight, would you think you were doing R&D?
So let me ask you two simple questions.
-
- Are you pushing the boundaries of existing technology in your field? In other words, do you make things SMALLER, FASTER, CHEAPER? Or are they LIGHTER SIMPLER, GREENER? Or STRONGER, SAFER, MORE RELIABLE?
- Do you ever encounter problems that you have to think outside the box to solve? At the start of a project, did you ever think ‘I’m not sure of the best way to do this’? If there are a number of ways to achieve something but don’t know at the outset which is the best, this normally leads to having to think outside the box and experimentation, which can be eligible.
If you have answered yes to these questions, then there is a good chance that you could be doing R&D.
So instead of doubting your eligibility and missing out on the possibility of R&D tax credits and a financial boost for your company, talk to Jumpstart, and see if we can help you answer that number one question.
