UK today has a strong innovative strength and is commonly referred to as the most innovative country in the world. The UK owes this important position to both the large multinational companies as well as the numerous small and medium-sized enterprises that have a high level of innovation. Companies that spend money developing new products, processes or services; or … [Read more...] about What are the Benefits of R&D Tax Credits?
R&D Tax Relief
The UK is undoubtedly one of the most attractive countries in the world for entrepreneurs and investors looking to make their mark on history through innovation. Being a country with a post-industrial economy, the UK occupies a key position in many global value chains: from semiconductors and processors to pharmaceuticals, from advanced developments in the space … [Read more...] about Can loss-making companies claim R&D benefits?
Tax deductions for R&D (Research & Development) and/or Technological Innovation activities are one of the instruments used by the Administration to promote business, through tax reduction. However, on a high percentage of occasions, companies do not make a profit, with which the vast majority tend to think that they cannot benefit from this instrument, even … [Read more...] about What is R&D Tax Relief Claim Process?
The Research & Development tax credits are quite enthusiastic toward businesses. It provides tax credits reliefs up to 33 % to those companies that are qualified for R&D tax credits. The UK invests £6 billion annually in research bodies and universities. Our network of centers of excellence supports the commercial exploitation of new technologies. We also have … [Read more...] about How to apply for R&D Tax Credit?
In the United Kingdom, you can find world-class graduates and young academics. You also benefit from an excellent range of highly qualified employees. Our Grand Challenges are one of our numerous innovation initiatives. These bring the best minds from science and business together to examine global trends of the 21st century and identify opportunities that arise from … [Read more...] about How R&D Tax Credits are Calculated?