To satisfy the eligibility requirements for R&D Tax Credits, you must:
You can recover up to 33% of your development costs invested in innovation and advances in product, process and software development.
To qualify for Capital Allowances tax relief, clients must comply with the following HMRC guidelines;
For the purposes of the scheme, qualifying expenditure includes the purchase price of the premises, together with the costs of any refurbishment, alteration, renovation or extension relating to it and of any Plant and Machinery purchases.
Irrespective of the size or sector of your business, you can benefit from the Patent Box scheme if your company owns or exclusively licenses-in patents granted by either:
The following conditions also need to be satisfied: