R&D Tax Credits and Patent Box with Angela Browning
Angela takes us through what CEOs and business leaders need to know in order to get the most out of your R&D Tax Credit and Patent Box claims, how the position at HMRC is constantly shifting over time and what you can do to keep on top of things.
R&D Tax Credits is one of those things that a lot of businesses think they have sorted, but they actually don't. And Patent Box seems never to have taken off and provided the benefits it was supposed to for all but a few businesses.
As a tech SME you need to get proper advice to submit the most effective claims in both of these areas, but there are some things that you need to know as the leader of the business so that you make sure you're managing things well. Angela takes us through that.
For R&D Tax Credits the view of HMRC is evolving all the time and businesses need to keep on top of the situation
As a tech SME you need to get proper advice to submit the most effective claims in both of these areas, but there are some things that you need to know as the leader of the business so that you make sure you're managing things well. Angela takes us through that.
For R&D Tax Credits the view of HMRC is evolving all the time and businesses need to keep on top of the situation
- What is R&D and are you actually doing it?
- What should a new start-up do to put themselves in the best position to make their first claims?
- Grant funding will mean you can't make an R&D Tax Credit claim?
- Will my client contracts mean I can't make a claim?
- R&D calcs need to be reviewed periodically to make sure you're adapting to HMRC evolution
Patent Box is much more of a 'minority sport'
- You need to be profitable to claim it
- How will my company structure affect my claim?
- It works for a few, but it's not broadly applicable
