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Rewarding Innovation: How to reclaim HMRC’s R&D Tax Credit Incentive

Date: 17 Oct 2019
Time: 8.30am - 12noon
Venue: Innovation Factory, 385 Springfield Road Belfast

This free workshop facilitated by Amplifi Solutions will be very helpful for businesses either already innovating within their field, or considering a new project which has an unknown outcome.  

HMRC created the R&D Tax incentive scheme in 2000 and it is now the largest tax incentive that they offer. It’s in place to reward innovation and problem-solving for limited companies in the UK and ROI (ROI scheme is governed by Revenue Commissioners).   If a business has spent time and capital to solve or attempt to solve a problem which could drive their sector forward, there’s a good chance that they qualify for a tax reclaim. The reclaim can be taken as a deduction to future corporation tax, or can also be taken as a cash payment. Businesses who are making losses are also able to claim the benefit.

David Stewart, Head of NI Corporate Tax Office, will speak about howHMRC can support innovative companies and will be on hand to answer any queries. Claire Stewart will speak about the support that a commercially minded accountant can give to businesses who are continually looking to evolve. Finally, Pearse McAnallen from Invest NI will be on hand to give some further guidance on what value they can offer to growing companies who are overcoming hurdles in their own business. 

Find out more and register on the Eventbrite website.

Innovation Factory Tax Credit Image

Suitable for everyone