R&D Tax Relief

Research and Development Tax Relief Article featured in Fashion Rider's Fashion & Finance Report, October 2018 Tax relief may not be something that the average fashion industry business has considered, but it can be of huge benefit to any organisation that develops its own products and concepts. In this report, we examine why research and development (R&D) is encouraged under the tax system, what it can mean to...

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The Research and Development (R&D) Tax Relief scheme are Government tax breaks designed to encourage innovation by incentivising companies to invest in R&D, enabling them to reduce their tax bill or claim payable credits on a proportion of their R&D expenditure. What can help you qualify for an R&D tax relief? While R&D tax relief is available to any company undertaking a project which seeks to achieve...

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