R&D (Research and Development) Tax Claims
So, what are R&D Tax Credits? These are a government incentive, implemented to support UK companies who are working on innovative projects seeking to research or develop an advance in their field.
Many business’s are not aware they are eligible for R&D tax credits. R&D tax credits allow you to recoup up to 33p for every £1 spend on qualifying costs, the key here is to understand what constitutes a qualifying cost and this is where Q Accountants come in, our R&D tax credit experts will guide you through the process from start to finish, ensuring every penny of eligible spend is claimed back and put back into your business to facilitate your growth.
If you want to know more about how Q Accountants along with Xero can help transform your business please call us on 0114 2129080 or 020 3950 3998 or hit the Book A Discovery Call button at the top of the page.