Software development costs tax deductable for a software company?

Posted by simonsingh PM | on Mon, 26/03/2012 - 13:06 3215 10 comments | report

Hi,

I am about to spend close to £30,000 on developing a piece of software that I will sell on for profit, I will hire in house for my graphics and contract an outside team for the actual programming to the software. Will these software development costs be tax deductible?

Thanks

Simon

Comments

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Sell what?

thisistibi | Mon, 26/03/2012 - 13:18

R&D Tax credits

wealthcare ireland | Mon, 26/03/2012 - 13:54

Hi,

simonsingh | Mon, 26/03/2012 - 14:20

Well

thisistibi | Mon, 26/03/2012 - 14:55

Don't forget to try to claim

bernard michael | Mon, 26/03/2012 - 15:33

R&D

cverrier | Tue, 27/03/2012 - 10:18

You're right but it is always

bernard michael | Tue, 27/03/2012 - 11:19

R&D Tax Credits --- check

SDyson | Mon, 25/06/2012 - 17:33

R&D Tax Relief

merlyn | Fri, 13/07/2012 - 07:47

R&D Tax Relief

merlyn | Fri, 13/07/2012 - 07:54