Are you working on a complex IT, technology or software project?
The technology sector is one of the fastest growing sectors in the UK and as such is one of the key areas for R&D tax relief. For companies involved in many different aspects of technology from software and hardware development, to artificial intelligence, augmented reality, cloud computing and internet of things (IoT), R&D lies at the heart of what they do.
Latest HMRC Manufacturing Statistics - Information & Communication*
What qualifies as R&D in the IT, technology & software sector?
The R&D tax credit scheme rewards any company whose work seeks to resolve a ‘scientific or technological uncertainty’. Qualifying activities may include:
A specialist data company focusing on creating a complete picture of a company’s data landscape developed a data remidation software for major financial institutions.
Why Work With Libcus?
The R&D tax relief scheme is extremely rewarding but also a highly technical and complex process. With extensive experience working within this field, we are uniquely positioned to help IT & software companies and related industries claim for their innovation.
At Libcus, we take a supportive approach to guiding our clients through the entire claims process. We offer regular visits to your premises (where required) to discuss and review R&D activities to ensure we maximise your benefit. Additionally, we undertake as much of the R&D claim work as possible from identifying eligible projects, through to writing technical narratives, and calculating difficult R&D calculations.
We take time to assess your business and would never submit a claim without being confident of its outcome. However our support doesn’t end when we submit your claim. Our fee structure includes full enquiry support should your claim be investigated by HMRC.