If your company has a December year-end, the two year window to claim Research and Development (R&D) tax credits is about to close. You have until 31 December 2019 to claim for qualifying work you completed for the year end 31 December 2017.R&D tax credits have the potential to transform your business by rewarding innovation and refuelling growth, so you really don’t want to miss out.Are you eligible?Business owners overlook opportunities to make a claim by often overestimating the level of innovation required or think it’s only for businesses in the Tech space – which isn’t true at all! Any business in any industry can be eligible for R&D, but you must:Be a limited company in the UK that is subject to corporation taxHave carried out a qualifying research and development project, i.e. worked to improve or create a product, service or processHave spent money on the projectThe project doesn’t even need to have been successful, and you can still claim if your business is in a loss-making position!Don’t miss out – book your free discovery session today If your business has a 31 December year-end, get in touch with our R&D team today. We will book you in for a free discovery session where we can assess the likelihood of making a successful claim and you can see just how easy it is to reward your innovation. Your full name*Contact no.*Email address* Business name*Industry / Profession*Your messageBy submitting, you consent to being contacted via email or phone by one of our Advisers and acknowledge that the information you provide will be securely stored for future communications in compliance with the General Data Protection Regulation (GDPR).CAPTCHANameThis field is for validation purposes and should be left unchanged. Other posts of interest 12th January 2022New Covid rules for Statutory Sick Pay (SSP) explained Read more 25th November 2019Myth busting with Wills Read more 16th November 2023A 6-Step Strategic Plan Read more See more articles