Claiming R&D Tax Credits for innovating new products, enhancing processes or improving services can give rise to reductions in corporation tax or even cash repayments.
However, there are unscrupulous “advisers” in the marketplace, which have been falsely claiming for all sorts of businesses where there is no such expenditure in the first place. Look up Green Jellyfish in your web browser if you want to know more about this scam.
There are also businesses advertising GDPR tax credit relief. This is another scam.
Please be very careful if you are cold called or respond to adverts you see. Talk with us first for advice if you are thinking about making an R&D claim!