R&D Tax Relief could give your business a cash boost

Jun 11, 2020
Author: Craig Walker
Research and Development

Coronavirus: R&D Tax Relief could give your business a cash boost

Tax savings and cash flow are more important than ever right now. As companies look for new sources of cash to replace lost revenues, we are seeing an increase in the number of enquiries about R&D tax relief. We can help your company to claim a welcome cash boost from HMRC by obtaining a rebate for funds you have spent on innovative projects. Make sure you don’t miss out.

What is R&D tax relief?

R&D tax reliefs are HMRC incentives created to encourage innovation and technological advances in the UK.  For more information, read our R&D Tax Relief guide.

 

Am I eligible?

Many companies carry out eligible R&D activities without realising that this work qualifies for relief.

R&D tax incentives are not just for niche sectors – eligible companies can be in any sector, any size, and can even be loss-making.  A common misconception is that R&D incentives are only for those who undertake scientific research in a laboratory, but this is certainly not the case.

 

How we can help

We have extensive experience of making successful R&D tax relief claims.  If you would like to discuss whether your company may be eligible to claim R&D relief, please get in touch with us.

More from our tax experts

You can find all of our latest tax articles and tax resources here.

If you are looking for advice in a particular area, please get in touch with your usual Hawsons contact.

Alternatively, we offer all new clients a free initial meeting to have a discussion about their own personal circumstances – find out more or book your free initial meeting here. We have offices in Sheffield, Doncaster and Northampton.

Free initial meeting

Craig Walker

Tax Director, Sheffield

cw@hawsons.co.uk