Owen Kyffin and Ian Parker of Whitley Stimpson and Scott Roberts of Polar Technology Management Group discussed why you should consider research and development (R&D) tax credits via video chat on Wednesday 15 July on the B4 Live platform.
With research and development more crucial than ever in a fast-moving, tech-driven world, the government has introduced significant tax incentives in recent years to encourage greater spending on the discovery and development of new ideas.
Technology business accountants
Technology can transform a business and we know how that works. We act for companies and high technology businesses such as Formula 1 and research and development (R&D) organisations. We have a range of services aimed at making businesses of all sizes more effective and we specialise in tailoring those to individual companies.
Specific issues to technology companies that we can assist with include: R&D, Patent Box, capital allowances claims, assistance with grant applications and grant audits. We can also help with business plans and due diligence to assist with funding.
Accounting for VAT has changed since we left the EU and things are still yet to change more. Are you up to date on everything?
Making Tax Digital (MTD) originally came into force from April 2019 in a bid to transform tax administration. There are now extensions to MTD being introduced which may affect those that are not currently required to follow the MTD rules.
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Get in touch to talk to a knowledgeable technology business accountant.