Research and development opportunities can be lucrative for your business. If you’re a business in any sector creating new products, processes and services (or modifying existing ones), you may well qualify for funding.
You’d be surprised just how much ‘everyday’ activity can qualify for R&D tax relief, particularly if your business is regularly working in the face of uncertainties.
But HMRC isn’t going to come to you.
In a nutshell, it’s all about knowing what HMRC are looking for, and showing it to them.If you’re looking to become more proactive in the pursuit of research and development, one of the best moves you can make is recruiting a professional. Get in touch with Lumo to learn more about how we can help you identify more opportunities and maximise their value.
Just here to read our proactive guide to R&D opportunities.