R&D Tax Relief has traditionally been misconceived with many companies believing that R&D relief is only for those who embark on blue sky projects. THIS IS NOT TRUE!

If you design or manufacture products, components or software, or have developed new techniques in the workplace for faster production / enhanced efficiency / improved quality, no matter what industry you operate in, you could be entitled to R&D Tax Relief.

Relief If you do qualify for R&D Tax relief you could receive enhancement relief on your development expenditure of 225%, with the ability to reduce corporation tax payable or reclaim up to 11.5% of the enhanced expenditure in cash.

For example, assuming you spend £100,000 on development and make taxable profits:

Alternatively, if you are not yet making taxable profits:

About DC Consulting The DC Consulting team consists of Chartered Accountants and Chartered Tax Advisers, who have developed a strong track record in successful R&D Tax Claims with the average Tax Credit back to clients in excess of £20,000, in addition to thousands of pounds being saved via reduction in Corporation Tax liabilities. If you would like to explore the opportunity for R&D relief or for further information contact: andrew.mccafferty@dcconsult.co.uk, john.craig@dcconsult.co.uk or colin.kennedy@dcconsult.co.uk.