Software development costs tax deductable for a software company?

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 |
thisistibi's picture

R&D Tax credits

wealthcare ireland |

Hi,

simonsingh |

Well

thisistibi |
thisistibi's picture

Don't forget to try to claim

bernard michael |

R&D

cverrier |
cverrier's picture

You're right but it is always

bernard michael |

R&D Tax Credits --- check

SDyson |

R&D Tax Relief

merlyn |

R&D Tax Relief

merlyn |