The UK Research and Development tax relief regime is very favourable to businesses. It provides tax credits of up to 33% of the expenditure that qualifies as R&D. That is why we have developed an in-depth guide for our Chartered Practices, to provide you with the information needed to claim back architectural or engineering development activities, which tend to qualify for R&D.
This guide will take you through the rules and underlying legislation to explain when claims can be made. It will back up the information with statistics showing how the R&D relief is calculated, and provide case studies of real life success stories.
The guidance sets out the three core requirements:
- An advance in science and/or technology must be sought
- There must be underlying scientific and/or technological uncertainty
- The resolution process must be systematic
Download our free guide below. If you have any questions, you can also contact a member of the business team on (0)20 7307 3737