R & D Tax Credits – Is It Worth It?


Research and Development tax credits are probably the most valuable tax benefit available to UK companies developing new products - yet thousands of eligible companies are missing out.  We talked to William O’Brien from WOCO about why uptake of R&D Tax Credits is still so low, and what they can mean in real terms for ByteSnap’s customers. Q: Lots of people have heard of the R&D scheme yet still don’t claim. Why's that? A: Sometimes neither a company nor their accountant recognise that it actually qualifies. But even in those cases where a claim is thought about, an accountant lacking technical knowledge will need to ask the client to write the R&D report supporting the claim. As a result the report only claims a fraction of what qualifies or [...]

R & D Tax Credits – Is It Worth It?2014-10-13T11:11:24+01:00