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Is R&D tax deductible? 

Is R&D tax deductible? 

Costs involved in R&D are tax deductible and there are two ways in which R&D costs can reduce a companies Corporation Tax liability. Firstly - with the usual deduction of 100% of the cost from your companies profits.  In addition, the R&D Tax Credit...

Can I claim R&D tax credits if I’m a loss making company?

Can I claim R&D tax credits if I’m a loss making company?

If your company has been making a loss, it’s still worthwhile making a claim for R&D tax credits. This is sometimes misunderstood with people thinking that a company needs to be profitable to benefit. In fact, applying for R&D tax credits as a loss making company might be the most beneficial way to get the most from the scheme.

R&D Tax Credits in Construction

R&D Tax Credits in Construction

Running a building project is never easy. In fact on many projects – builders, site managers, foreman, construction directors and draughtsman are involved in solving problems for their clients. And solving problems for their clients could mean that their company...