UK businesses are spending more and more on R&D each year, but only a fraction of them are claiming tax relief for the work they do from HMRC. This is a shame, as it can effectively fund up to 33% of the R&D cost.
At Fiander Tovell we’ve made claims for a whole range of businesses, from builders to software developers, from a few thousand pounds up to several million. Sometimes it’s obvious that what you’re doing qualifies, and sometimes it can come as a bit of a surprise, but every time it’s a welcome boost to the company coffers.
We’ve produced this
handy guide
setting out the basic rules for claiming. The full rules are of course rather more complicated, and not everything will qualify, but if you have any questions do get in touch.