Research & Development Tax
Despite being on the statute books for over a decade, there are still companies not claiming the hugely valuable research and development (R&D) tax relief.
Research & Development tax credits are not restricted to people in white coats holding test tubes, or IT pioneers. R & D Tax Credits covers companies in virtually every industry which are undertaking some form of Research & Development or innovation; this includes innovation in products and services, as well as support functions.
Industries in which Research & Develpment Tax claims have been made include digital media, engineering, aerospace, furniture manufacture, construction, advertising, telecoms, financial services, as well as the more obvious manufacturing, energy, and purer sciences industries. Software, internet and communications are good examples of Research & Development (R&D) in supporting functions as well as in their own right.
Arram Berlyn Gardner and its team of specialist tax advisrs has been helping our clients with Research & Development Tax claims for many years. If you would like to meet with one of our tax team to discuss your eligibility to claim Research & Development Tax, please contact us.