There are three separate R&D schemes in the UK – Small & Medium Enterprise scheme (SME), the large Company Scheme and Vaccine Research Relief (VRR). In addition to these schemes, R&D Capital Allowances are also available for qualifying Capital Expenditure that is recorded through the balance sheet. Despite the significant benefits available, many accountants are still not claiming the relief available, which means that many companies are still missing out. Our partners are able to give your practice expert support and guidance in respect of this extremely detailed and complex legislation.
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