Claiming Research & Development Tax Credits
The ability to claim research & development (R&D) tax credits is a rarely mentioned benefit open to virtually any business, with the only requirement being that the work involves either research or development within the companyu2019s field. Surprisingly, it can even be claimed on projects that were unsuccessful in a companyu2019s endeavours. Ultimately, R&D tax claims through HMRC are a fantastic source for companies to generate cash for investing in further R&D, recruitment and more growth.
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