Research and Develoment (R&D) tax credits

Are you missing out on free cash?

The government is keen to reward companies which invest in research and development by offering attractive tax incentives. Only last month it significantly increased the amount of research and development (R & D) tax credit payments available to companies. It also made many more companies eligible for the benefits.

But innovative companies in the North West are missing out on these significant government cash handouts.

There are two reasons why companies in the region are not reaping these rewards. Firstly, there is a general lack of awareness of the scheme. And secondly, those companies that do know about it wrongly assume that only companies in the science and technology sectors are entitled to it.

Do you qualify?

R & D credits are available for any company which can demonstrate it is researching and introducing innovative products, procedures and systems which enable them to operate more efficiently and produce higher quality products and/or services. So, for example, investment in a new IT solution to help them do business more effectively could qualify for the credits.

There is a perception that these credits are only available to technology or science businesses, in fact many companies that can benefit are in traditional industries such as printing and manufacturing.

Why HURST?

HURST is passionate about delivering innovative solutions for our clients. This has led us developing a specialist R&D tax credit team which has already saved our clients hundreds of thousands of pounds. Furthermore, we’re offering an initial review (to indicate whether or not you qualify) free of charge.

Interested?

To learn more and arrange an initial review contact David Nolan or Simon Brownbill on 0161 477 2474 or email us at evolve@hurst.co.uk