Could you be eligible for a large payout?
You can claim SME R&D relief if you’re a SME with:
less than 500 staff
a turnover of under €100m or a balance sheet total under €86m
You may need to include linked companies and partnerships when you work out if you’re a SME.
SME R&D relief allows companies to:
deduct an extra 130% of their qualifying costs from their yearly profit, as well as the normal 100% deduction, to make a total 230% deduction
claim a tax credit if the company is loss making, worth up to 14.5% of the surrenderable loss
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