Research and Development is a government scheme put into place to reward Limited Companies who are trying to advance and innovate in the UK. This doesn’t have to be as drastic as creating a Nobel Peace Prize-winning project, however. As long as you have to create the process for ‘researching’ or ‘developing’ a project, it counts as R&D. It could even be as simple as creating your own Petri dishes, for example. (However, this wouldn’t warrant a large claim.)
Once you have an idea of what you can claim on; we look into how much the project cost you, how much time was spent, how many employees were involved, as well as other factors to put together a claim on your account. At Green Jellyfish, we have specialists who are working solely on R&D – meaning you are going to get the most money back for your claim possible!