Research & Development

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The only requirements companies must fulfil to make an R&D claim is being UK-based and registered to pay Corporation Tax, if you have a project which resolves a specific uncertainty, such as;

> Creating a special sauce for your signature dish

> Sourcing materials to ensure your development project is completed efficiently

> Obtaining the perfect texture for your sheer butter

..... then R&D tax credits are within your reach!

 

 

 

 

 

 

 

 

 

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At Virtuous, we’ve seen claims from businesses such as logistics and construction. Our latest client was able to claim a total of £250,000 based on ONLY 2 years of Research and Development on the company. Had he known, he would have claimed all 18years whilst being in the construction business, but “better late than never” as they say.

In most recent years a number of bakeries have also made successful claims, so never think that perhaps your company will not be eligible for support. You never know until you try!

One of the beauties of working with Virtuous, is that our Research and Development Team will have an in-depth look at your company structure and accounts with no need to leave your current accountant. Our team will then use this information to package a case that will reflect how your company has used funds for R&D purposes where applicable. The case will then be sent off for review with our Virtuous No Win, No Fee Policy for your own assurance.