R&D Tax Credits can offer your business great financial rewards which can make significant difference in the long run. So how could your business benefit? In this blog we discuss the advantaged of Tax Credits

The scheme is open to a wide range of businesses

With Tax Credits there is no discrimination on which industry your business covers. You simply need to meet the criteria which makes you eligible to apply. You can find out more about being eligible by reading our blog How To Determine If You’re Eligible For R&D Tax Credits

The Credits can be bespoke to your business

Through the application process you have access to a range of different costs, allowing you to choose the right one for your business. At Genesis Tax we can assist you with the cost process providing advice on which path would be most suitable for your requirements.

There is no minimum claim amount required

Contrary to popular belief there is actually no minimum amount which you need to spend on qualifying R&D projects to be able to claim Tax Credits. Once you have shown your business is investing in innovative projects you can apply for R&D.

If you are looking into applying for R&D Tax Credits and not quite sure where to start please contact us on 01388 240140 or email us at info@genesistax.co.uk