Tag Archive: tax credit
Tax Relief Through R&D
R&D tax credits are a tax relief designed to encourage greater R&D spending, leading in turn to greater investment in innovation. They work by reducing a company’s tax bill by an amount equal to a percentage of the company’s allowable R&D expenditure. A company can only claim R&D tax credits if it is liable for… View Article
What is R&D?
R&D tax credits are an effective way for small businesses to raise money while offering incentives to investors. We highly recommend R&D tax credits to both businesses and investors. R&D stands for Research and Development. The Definition of R&D In the Frascati Manual (2015), published by the Organisation for Economic Cooperation and Development (OECD), R&D… View Article