Research and Development is not just for scientific or technological companies but for a range of activities, with many businesses carrying out R&D by simply improving a product or system in-house. The R&D Co – a specialist section of Howard Worth Chartered Accountants and Business Advisors – has launched a new website to demystify R&D for businesses looking to make a claim.
The website offers practical information on Research & Development and how a business can qualify for R&D tax relief with an easy to understand Q&A section that covers:
- Who can claim
- How to claim
- What activities qualify for R&D
- Costs that can be claimed for
- Examples of tax savings
- Any associated costs
The site also includes featured case studies of businesses who successfully submitted and received tax savings with help from the R&D Co.
Tim Lwin, who heads the team at the R&D Co said “The new website allows us to share our knowledge on research and development and how it can be straightforward to make a claim and ultimately receive a tax refund. Hopefully many more businesses will benefit from the clear and jargon-free content on the new website and contact us to find out more about their eligibility to make a claim”.
To find out more about R&D or how your business can benefit, visit https://www.theranddco.co.uk/