As part of our ‘Overcoming Barriers to securing R&D Grant Funding’ series, we look at how common challenges to securing R&D grants can be navigated by working with specialist partners.
In part six, we tackle Tax Credits with accountancy firm Leyton.
Overcoming Barriers to Grant Funding
RDECs and R&D Tax Credits are a ‘low hanging fruit’ for funding research and development in businesses – across Europe. Most countries in Europe have and R&D Tax Credit scheme that allows businesses investing in R&D to claim back a proportion of their spend as a tax break.
When a business wins an R&D grant, there is an impact on the R&D Tax Credit claim. Certain rules apply, and these rules are not always clear to the untrained eye. There are processes that a business can set up to maximise RDEC claims and R&D Grant Funding.
Venturenomix has partnered with Leyton, one of the leading RDEC/R&D Tax Credit companies in the market. Leyton’s proven combination of chartered tax advisers, accountants and industry-experienced science and technology specialists bring unmatched expertise to your business and help you secure the funding your innovation deserves.
So, now that your business has won an R&D Grant and you want to continue to claim RDECs, we would be happy to make an introduction to the Leyton team – get in touch.
