Advisory services
R&D Tax Relief
Our experienced team will work with you – from planning qualifying R&D expenditure through to making a claim.
It is important to understand that your R&D projects do not need to have been successful – in fact, failure is very much a part of the R&D process.
If your business attempts to resolve technical uncertainties and invests in creation and innovation, you will likely qualify to reclaim a portion of your development costs.
If you are uncertain whether your project is eligible for R&D tax relief, get in touch with us to find out more.
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LATEST NEWS FROM Bishops
May 3, 2024
Increasing your profit – why it’s not the same as growing sales
The so-called Micawber principle, as stated by Wilkins Micawber in Charles Dickens’ novel David Copperfield, says: “Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery.”
read article
May 2, 2024
Hybrid working – what counts as a business journey for tax purposes?
HM Revenue and Customs (HMRC) have updated their guidance on what qualifies as ordinary commuting and private travel for tax purposes to include hybrid or flexible working.
read article
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