Research and Development Tax Credits
Reclaim Tax – Research and Development Tax credits
AGA Accountants offers a tailored service in relation to the processing of research and development tax credit claims with HMRC.
The process involves a detailed review of whether your project fulfils the criteria for a valid R&D claim. This requires a clear and intimate understanding of the nature of the project by the individuals wishing to claim for the research and development tax claim.
It must be emphasised that R&D projects can arise in a variety of sectors and not just technology, the sciences or software as is commonly thought. Infact R&D claims arise in the manufacturing, hospitality too!
In recent years, HMRC has tweaked the legislation and rules surrounding claims and therefore a further careful consideration is required when reviewing all qualifying R&D expenditure.