Research and Development (R&D) tax relief is the UK’s most generous Corporation Tax relief. Despite this, thousands of claims aren’t submitted by companies that qualify and would benefit from this generous regime.
We, at Henry Bramall & Co, work together with a specialist R&D associate who can assist you with your R&D tax relief claims. Retrospective claims can be made for the past two accounting periods which can often result in a significant repayment of Corporation Tax, or if a company is loss making, a claim for R&D tax credits.
It’s important to find out if a claim can be made as soon as possible, so as not to miss any year end deadlines. The potential scope for successful R&D tax claims across your business may well be greater than you think.
They will look at past, present and future development activity to maximise your R&D tax relief opportunities.