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Wednesday, 27 October 2010

R & D Relief - expert support

This week I sat down to write the UKtaxworld newsletter for November and decided to include an article on R & D Relief. In doing so I realised that I had an ambivalent attitude to the topic. Firstly it's an incredible opportunity to provide much needed funds to clients involved in R & D (especially the surrender of the Relief for the 14% tax credit if losses are created and cannot be otherwise utilised). Secondly it is a rather complex application process! Firms who have clients that may benefit from the relief, and do not have time, resources or skills to deal with the application in house, could consider a joint venture approach. Click on the title of this posting and contact Mark Evans or his partner at R & D Tax and Grants Ltd. And if you remember mention that you have made contact via this blog.

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