On what expenditure can I claim Research & Development Tax?

In order to claim Research & Development Tax on expenditure your company must have a project which seeks to achieve an advance in overall knowledge or capability in the field of science or technology through the resolution of scientific or technological uncertainty.

Furthermore, the project must satisfy the following conditions:-

It must be related to your company or organisation’s trade – either an existing one or one that you intend to start up based on the results of the Research & Development

Your company must own any intellectual property that might arise from the projects

If you would llike to discuss your eligibility to claim Research & Development Tax please contact one of our Research & Development experts on 020 7330 0000.