With an average single Research and Development tax relief claim being worth £46,000 to a small or medium-sized business, this is one government incentive scheme you can't afford to pass up. Literally hundreds of thousands of pounds in relief are being left on the table each year by software developers alone, simply because the message hasn't reached them yet. RIFT R&D is here to change that, and to get the scheme's rewards into the hands of one of today's most furiously inventive industries.
It's About Making a Difference
You don't have to be squinting down a microscope eight hours a day to be involved in Research and Development. Generally speaking, R&D is happening any time a business is trying to push back the limits of what we know or can do in the fields of science and technology. In terms of software, the code you're developing needn't even be the ultimate goal of the endeavour. As long as it's contributing to an overall R&D project, then the work you're doing could qualify.Here are the basic rules:
The project must be trying to solve problems or answer questions in its field.
The breakthroughs you're searching for must benefit more than just your own business.
It has to matter. You can't just be hunting down obvious answers to trivial questions.
A significant reduction in your Corporation Tax bill.
The ability to claim a cash payment if you have urgent costs to cover.
At RIFT Research and Development, we believe that true innovation should always be rewarded. If you're spending time and money finding new solutions for real-world problems, then get in touch to see how an R&D tax relief claim could help.
Developing new programming languages or operating systems.
Creating new ways of searching and handling information.
Finding new methods of solving clashes between new and existing software or hardware.
Developing new and innovative security techniques or encryption methods.
Modifying existing technologies to make them more secure, versatile or effective.
RIFT Research and Development is the champion of business innovators in every field, and we have the expertise to ensure that you get the most from your R&D tax relief claims. We'll track down all your qualifying costs and stop you from missing out on this invaluable government scheme, so phone or email to add us to your team.
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