Call on R&D tax credits to be doubled
06 Jul 2016
In his five-point Brexit economic strategy, sent in a letter this week to the Telegraph, business secretary Sajid Javid’s has stated a wish for HMRC's Research and Development (R&D) tax credits to be doubled.
Having helped many businesses across a variety of sectors make significant claims when some were previously unaware they could, we know first hand how important the R&D tax credit scheme is in encouraging innovation and increased spending on R&D activities by companies operating in the UK. We therefore wholeheartedly support Mr Javid's appeal to double R&D tax credits and we remain committed to assisting businesses to claim R&D tax relief.
Whilst the rules can be complex, our Beavis Morgan team of R&D experts can maximise the value of any potential claim. Speak to us today to set the benefits in motion. Our proven methodology offers a painless approach towards obtaining R&D tax credits.
Further reading: R&D Tax Credits – Why thousands of businesses are missing out