Missing out on R&D Tax Credits?

June 16th 2009

Government Support

R&D drives company profitability, global competitiveness and overall UK productivity.

To encourage more R&D, the Government are very keen to increase the uptake of companies claiming generous cash and tax reliefs.

It is essential that companies examine their suitability for reclaiming tax, or receiving cash, as soon as possible to avoid losing expenditure from previous years.

Why you may not have claimed already

Frequently, accountants mistakenly conclude that eligible clients would not qualify for tax credits or that it would be a long and arduous claim process.

As just one example, we know of a manufacturing company who was able to claim over £250,000 of cash back, when they had previously been told by their accountants that they did not qualify for tax relief.

For more information, contact Prosperis on 0113 287 8200 or email advice@prosperis.co.uk