February 8, 2021
Research and Development (R&D) tax relief is generally
considered to be one of the most attractive tax reliefs
available, often resulting in significant cash repayments
from HMRC.
However, there is still a lot of confusion about which
companies can claim R&D and what constitutes ‘Research’
and ‘Development’.
Successful claims for example have
been made in sectors which may not traditionally be
associated with research or development.
You do not have to have a corporation tax liability to
benefit from R&D relief.
