If your business is involved in the research and development of new or existing products and services, it’s likely that you are eligible to claim R&D tax credits.
Tax credits are issued by HMRC and are a great way for small businesses to receive money back for the ‘head-scratching’ work they are undertaking.
You can also claim R&D tax credits for a number of different costs that your business may incur, meaning it is a broad claim that may allow you to receive significant financial support.
Read on to learn about the different costs you can claim for using R&D tax credits.
If you are a small business hoping to claim money from R&D tax credits, Tax Cloud makes the whole process much easier.
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