Who can claim?

WHO CAN CLAIM?

All companies, large and small, can claim if they undertake qualifying work - even if they do not pay corporation tax because they are unprofitable. Small- and medium-sized companies (mainly those with fewer than 500 staff), can generally claim a credit worth 25% to 33% of their eligible R&D expenditure, while for larger companies the credit is usually worth around 10% of the expenditure.

Speak to us if you would like further information on R&D.

JEMMA VAUGHAN

Associate Director 01242 680000 jemma.vaughan@hazlewoods.co.uk

For further information please contact: Cheltenham: 01242 237661 Staverton: 01242 680000

We strongly recommend you take professional advice before making decisions on matters discussed here. No responsibility for any loss to any person acting as a result of the material can be accepted by us. Hazlewoods LLP is a Limited Liability Partnership registered in England and Wales with number OC311817. Registered office Staverton Court, Staverton, Cheltenham, Glos, GL51 0UX. A list of LLP partners is available forinspection at each office Hazlewoods LLP is registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales. www.hazlewoods.co.uk @Hazlewoods