Connon Associates Chartered Accountants are committed to minimising the corporation tax burden of our clients. We handle all correspondence with HM Revenue and Customs on your behalf.
Research and Development (R&D) Tax credit claims
We prepare Research and Development Tax credit claims and write supporting reports.
R&D tax credits are provided by the Government to reward innovative businesses for investing in research and development
There are currently two schemes to reward innovative businesses within the UK: the SME regime for small and medium enterprises and the Research and Development Expenditure Credit (RDEC) regime for larger organisations.
SMEs can claim between 25% and 33% of qualifying expenditure (2021)
Large Companies can claim up to 13% of qualifying expenditure (2021)