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R&D tax credits explained

49.00 £
Published date: 2024/07/24
  • Location: 4680, Mesquite Creek, Texas, United States
R&D tax credits explainedRewarding innovation and fuelling growth, R&D tax incentives have the potential to revolutionize your business.What are R&D tax credits?Research and development (R&D) tax incentives are a government initiative designed to reward UK companies for investing in innovation. They are a crucial funding for companies to put towards speeding up their research, recruiting employees, and expanding overall.How do R&D tax credits work?Businesses that invest creating new items, processes, or services; or Hamilton Wood Associates improving existing ones are qualified for R&D tax relief. If you’re spending money on your innovation, you can apply for R&D tax relief to receive either a monetary refund and/or Corporation Tax reduction.

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