How to calculate the value of your R&D tax credit claim
Calculating R&D tax credits At the mention of anything regarding tax, many of us automatically recoil, convinced that what ensues will be beyond our understanding. It’s for this reason that businesses often miss out on claiming R&D tax credits when carrying out innovative projects. These credits, however, can prove a significant cash injection particularly for SMEs, as the rewards can be substantial. The exact figure depends on a number of factors, but it’s possible to get an idea of how much you can claim for by following some simple steps. Here’s a helping hand to get you started.