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A quick video introduction explaining how R&D Tax Relief is calculated…

R&D Tax Relief works as a refund or saving of Corporation Tax. This mechanism is only relevant to companies that are profitable from a tax computation viewpoint and therefore liable to Corporation Tax, otherwise you will need to consider R&D Tax Credits.

What is it worth? Using a Corporation Tax rate @ 20%, a claim could be worth to the value of 26% of your qualifying expenditure.

How is it calculated? In this video, we make a very simple example using £100,000…