Our project involves more than Tech development
Even if Tech development is only a minor or satellite part of your project, it could still be eligible for R&D tax relief. You can also claim for other factors involved in the development process, like project management, finance activities, and creating the additional tools you need to build the technology. All those elements are eligible for R&D Tax Credits too.
There isn’t a financial risk
Most, if not all, Tech projects have the potential for failure. It doesn’t matter if you’re not taking a monetary risk in undertaking the project, you’re probably still taking a financial risk in terms of the resources you’re expending to make the project happen, with no guarantee that it will be a success. If the outcome of your project is uncertain, you will very possibly qualify for R&D Tax Credits.
We used agency workers / freelancers / subcontractors on the project
Everyone who performed work on your project, whether they’re employed by your company full-time or sourced from outside your company (and even if they’re based in another country) can be included in an R&D Tax Credit claim.
We’re only improving existing software, not developing new software
That doesn’t matter. Even if that software already exists, if you’re building or investigating a solution to overcome a challenge which will improve that software’s functionality, your project will qualify for R&D Tax Credits.
We’ve capitalised our software expenditure to spread the cost over multiple accounting periods
Spreading the cost of your expenditure won’t prevent you from making an R&D Tax Credit claim. However, it may affect the size of your claim. In these cases, SSP’s R&D tax specialists can inform you of other tax strategies that may be more beneficial and advise you on the best action to take.
