Restructuring A Company? We provide support and services for all the options you need to consider
Research & Development (RND)
Not many directors are aware of this but there is a way of claiming back on tax paid for Research & Development completed.
What does this mean?
If your business has invested in new websites, systems or any other equipment or technology for your business; there is tax benefit that you can claim.
Making an RND claim could inject a healthy amount of cash into your business, tax free. This injection of cash could see your business survive a temporarily difficult time.
Company A built a new internal CRM system and 2 websites.
Year 1 claim, the company received £14,565.00
Year 2 claim, the company received £12,710.00
If you think your business may be entitled to make a claim, please don’t hesitate to contact us. Remember, you can only go back 2 tax years and so making a claim before the beginning of the new tax year could save you a lot of money.
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