Missing out on R & D support?
Research and development activity is the lifeblood of industry – particularly those companies involved in developing new technologies. Whilst the cost of research can sometimes be hard to bear, do remember that you are able to secure much-needed support for from the taxman – with tax relief, tax credits and cash sums all available to qualifying businesses.
The Revenue are happy to explain who can apply for R&D Relief, what conditions you need to meet, what costs you can claim for, how you claim, and whether you can get tax relief, or tax credits paid back to you.
For more information about the tax benefits available, take a look at the Inland Revenue website.
17 May 2010