Innovation Tax incentives are a great initiative for rewarding innovation and there are many funding schemes which businesses can take advantage of, ranging from tax relief schemes to regional and national Grant schemes. Innovation is a focus point for many, especially within Government, as they seek to raise investment on R&D to 2.4% of GDP by 2027. UK businesses have continually invested more on R&D, with expenditure increasing every year since 2012 and, with further incentives provided by the Government, the trend should continue.
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To ensure you are receiving the Government funding you are entitled to, speak to Innovation Tax today.
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