tag: R&D

The new R&D tax credit has been in place for over half a year, and soon businesses involved in innovation will need to decide whether they will pay taxes under the new or old tax credit scheme at the end of the year. However, due to the complexity of the regulations and the interplay between various incentives, making the right choice is often far from simple.

A widely applied business model among software development companies is providing software development services for other businesses. Few of these companies know that they can still claim tax relief in this case too, just as they would be able to if they were developing software for their own purposes.