Who’s Eligible for R&D Tax Credits?
Businesses that work on innovative and forward-thinking projects are eligible for R&D tax credits. The scheme is broad and wide-ranging in scope, so if you’re working on anything innovative, then there’s a high chance that you’ll qualify. Tax claims are especially common in the automation industry, where they play a crucial role in helping businesses to offset the high costs associated with their projects.
If you’d like to know more about claiming R&D tax credits and how we can help you, get in touch with us by clicking the button below.
When Can I Apply for R&D Tax Credits?
You can apply for R&D tax credits after the end of an accounting period. You can also get backdated tax credit for up to two years after the end of the accounting period by submitting amended tax returns. To ensure that you get the most value for your R&D tax claim, it’s recommended that you work with a company that offers a specialist tax service, such as us here at Goldhill Consulting.
If you’d like to know more about how Goldhill Consulting can help your business with its R&D tax relief claims, simply get in touch by using the button below.
