Research and development (R&D) by UK companies is being actively encouraged by the Government through a range of attractive tax incentives. The incentives are only available to companies and include an increased corporation tax relief for allowable, qualifying R&D expenditure.
If you are innovative then you may be able to benefit from the generous reliefs available. More business qualify for this than you would imagine.
Prime have helped many clients to successfully make an R&D tax claim and together with our specialist consultants would be able to assist you in making future claims. Working in this way helps to facilitate the claim as efficiently as possible and limits HMRC queries.