Tech companies missing out on vital R&D tax relief

Despite HMRC offering to pay back up to 32% of R&D development costs, there is a poor uptake of claims for R&D tax relief among the SME tech community in the UK, according to a leading UK tax expert.

HMRC estimates suggest fewer than 45% of the tech community claim all of the relief on offer, with many not claiming at all. This means a vital funding opportunity can be lost due….Read the full article at http://www.ukspa.org.uk/blog/15/01/tech-companies-missing-out-vital-rd-tax-relief