Planning On Investing in Tech for Your Business? You Could Be Entitled to Tax Credits
In last week’s TTG number, Elman Wall’s R&D Tax Consultant Alison Ralston explains why you should not miss the opportunity to claim either a reduction in corporation tax (of up to 24.5p of any pound spent on qualifying R&D activities) or, for loss making companies, a payable tax credit of up to 33.35p per pound spent on qualifying R&D activities.
Some of the typical qualifying activities within the travel industry include development of websites, buying off-the-shelf technology and adding a layer of bespoke functionality, development of large, complex databases and quite a number of other activities.
To find out more about more about R&D tax credits, how they can help your business and what exactly do you need to do in order to qualify, read the full article HERE
To check your eligibility and for a free health check, email Alison at email@example.com