After meeting with this client it was clear that much of their work would qualify as software development R&D. Their work focusses on developing new and innovative programmes and applications. These programmes and applications often include multiple user interfaces, compatibility with several devices and communications with Global Positioning System (GPS) and other networks. Although this type of work is a strong indication of R&D, the client hadn't previously made a tax relief claim.
Throughout the period of the R&D claim, the client had conducted five research and development projects. These projects required bespoke and innovative solutions to overcome software development challenges. Some of the areas where the software development focussed are:
This type of software development, which requires significant research and testing, qualifies as R&D. If you would like to find out more about what work qualifies as Research and Development, visit the R&D Tax Credits page of our website, or this video series on Youtube.
Zest Research and Development were able to offer specialist advice to maximise the clients return from their tax credit. By utilising the tax credit across companies within the group structure, the total value was increased from £38,000 to £50,000. That's an extra £12,000 to re-invest into more innovative projects.
If you think you may have performed R&D, or are interested in finding out more about the tax relief available, Zest R&D can offer specialist advice. Get in touch to discuss any projects that may be eligible, or how best to plan for any future Research and Development.
If you’re making a claim, you almost certainly want to avoid R&D Tax Credit enquiry. Read on to find out how.
Find out how to claim R&D tax credits, with this step by step guide
If you’re looking into R&D tax relief – you need to know the answer to the questoin – what is R&D? Then you can find out what work you’ve done qualifies for R&D tax relief