Research and Development (R&D) Tax Reliefs are an attractive way for eligible companies to obtain substantial help with their cashflow.

Typically for every £100,000 of identified costs spent on developing new or improved products or processes, or software solutions can lead to a tax benefit of around £25,000.

The relief can reduce Corporation Tax liabilities, generate refunds for prior year payments or, for loss making companies, create a tax credit from HMRC.

Main Description

To find out more about R&D Tax Reliefs can help support your business through this time join us for a webinar with the Chamber’s R&D Tax Reliefs Partners, Shorts’ Radius.

• What are R&D Tax Reliefs
• How they can benefit a business’s cashflow
• Which type of businesses can claim them
• What type of development work qualifies as R&D activity
• Which costs can be claimed
• Making a successful claim
• How long do HMRC take to process claims

The team at Shorts’ Radius will be on-hand to answer any questions you may have. For more information click here: https://blog.shorts.uk.com/assist-cashflow-covid-19-rd-tax-relief