A quick video introduction explaining how R&D Tax Relief is calculated… Posted on: December 12, 2016
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…