HM Revenue & Customs Research and Development relief supports Life Sciences and Technology enterprises working on cutting edge and innovative projects. It can be claimed by several companies striving to research and develop an advancement within their sector. It can even be claimed on projects which have turned out to be unsuccessful.
In order to make a successful application, a company must demonstrate that they:
- looked for an advance in science and technology
- had to overcome uncertainty
- tried to overcome this uncertainty
- could not be easily worked out by a professional within the field
The project may research or develop a new process, product or service or improve on one that already exists.
It takes less than a 20-minute, complimentary telephone call to check if your business can claim Corporation Tax relief on your Research and Development (R&D) project. If this sounds of interest to you, or you’d like to find out more, drop us a call, email or message on LinkedIn and I can introduce you to an expert R&D tax advisor.
Business Development Manager (Life Sciences)
Tel: 0203 757 6950. Ex 218
Here at All Med Pro, we are always on-hand to discuss insurable risks that a Life Sciences business are likely to consider at some stage in their business development. We have expert Life Science Risk Managers who can explain any information that you may require, in as much or as little detail as you need.