Claiming R&D tax relief isn’t exactly rocket science is it? Sorry to disappoint you, but yes it is actually.
More and more companies are exploring the potential of R&D tax relief to claim what’s rightfully theirs, but there’s a right way and a wrong way to go about it. To realise this potential and at the same time avoid one of the associated pitfalls, you need to be able to distinguish between eligible and non-eligible R&D activity.
A clear explanation of eligibility could make the difference between HMRC accepting or rejecting a claim. A claim for R&D tax relief isn’t just a case of pulling together the financials. No, to ensure the best possible claim is made, a technical approach is an absolute must.
Article originally published on Pro-Manchester
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