- R&D Tax Credits: What Are They?
- What qualifies as R&D?
- What expenses may my company claim?
- How far in the past can my company claim costs?
- What costs am I not eligible to claim?
- Which companies are eligible?
- Which initiatives qualify as R&D?
- Do distinct kinds of R&D exist?
- How much should I anticipate receiving?
- How will I get my claim paid?
- How much time does the entire process take?
What Costs Am I Not Eligible To Claim?
The government prohibits you from deducting R&D expenses for a few certain items. Among them include the creation and distribution of goods and services, capital outlays, land costs, copyright and trademark costs, rent or rate costs, and clerical or maintenance work that would have been performed anyhow, such handling payroll.
We deliver excellence
R&D tax relief claims are our area of expertise at PHG Finance. Just as you are considerate of your own affairs, so are we. Additionally, we are passionate about what we do. We understand that innovation is the force behind the future.