Are you missing out on cash from HMRC?
- Are you a limited uk company?
- Do you develop new/reverse engineer products, New processes or enhance existing ones?
- Do you spend money, time and resources to innovate, enhance products and processes or resolve problems in your industry?
- Do these resources include any of the following? Wage costs, sub contractor costs, materials, consumables, market research, software or licenses?
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R&D isn’t just for big companies!
R&D Tax relief is a potential source of cash flow allowing you to invest more into your business.
Most companies dont know that what they do may qualify them for R&D tax relief, which can prove to be a valuable source of funding. If you have developed new or improved products or processes, you may be carrying out a qualifying activity.
The main test is to look at if your company has been conducting a project that seeks to achieve an advance in science or technology.
The advance should be to improve overall knowledge or capability in your industries. It can not be just an increase in the company’s own capability. It can however include the adaptation of existing knowledge where this adaptation was not readily deducible.
How much does an R&D claim
JGBC has a no win no fee approach to R&D Claims and our fee is competitive at 25% of the realised relief compared to the industry average of 28-33%.
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