R&D tax credits UK
R&D tax credits UK - TaxBright is an R&D tax credits specialist in the UK. The R&D tax credit scheme is an HMRC incentive designed to reward your innovative ideas.
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What are R&D tax credits?
Research and Development (R&D) tax credits are an incentive to reward companies engaged in innovation. A UK tax relief, R&D tax credits can provide valuable funding for any company spending money on developing new products and process or improving existing ones. This relief can give your business the opportunity to claim back a proportion of your R&D expenditure as tax credits, which can reduce your tax bill or increase taxable losses. No matter the sector, if you’re spending money on research and development, then you could be eligible to claim R&D tax credits.
You could be eligible to claim R&D Tax Credits If you are a UK business that has invested in innovation and completed research and development.
Does My Business Qualify?
Three ticks means your company can claim R&D.
Are you a limited company trading in the UK?
Do you carry out qualifying R&D activities?
Have you spent money on these?
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