Julia Barnard

Julia Barnard

Partner

Research & Development

Research and development tax relief and credits can reduce your taxable profits and the amount of corporation tax you pay.

Qualifying research and development expenditure is eligible for enhanced corporation tax relief at the rate of 225 per cent of the actual expenditure.

Should a company not currently be in a tax paying position, the expenditure can be surrendered in return for a tax repayment which will assist with cash-flow.

fcf has assisted many clients in identifying and making claims for R&D tax relief - leaving them to concentrate on the R&D itself!