Chamber Digital - Improving cashflow – Is your company eligible to pay less tax?
Date and Time
Tuesday Oct 27, 2020
11:00 AM - 12:00 AM GMT
Fees/Admission
Members: Free
Non-Members: £10+VAT
Contact Information
Paige Simpson
Send Email
Description
Our online information and support sessions comprise of 20 minute presentation from an expert speaker followed by an interactive Q&A where you will be able to ask questions directly either via your camera or the chat box option.
Overview:
Would you like to significantly reduce your company’s Corporation Tax bill?
Do you develop new or improved products, processes, or software solutions? Do you pay technical specialists to overcome technical challenges?
Research and Development (R&D) Tax Reliefs are an attractive and highly beneficial way for eligible companies to obtain substantial cashflow benefits.
Typically, for every £100,000 of identified qualifying costs involved in product, process or software development, a benefit of around £25,000 can be realised.
The relief can reduce Corporation Tax liabilities, generate refunds for prior year payments or, for loss making companies, generate a tax credit from HMRC.
Do you develop new or improved products, processes, or software solutions? Do you pay technical specialists to overcome technical challenges?
Research and Development (R&D) Tax Reliefs are an attractive and highly beneficial way for eligible companies to obtain substantial cashflow benefits.
Typically, for every £100,000 of identified qualifying costs involved in product, process or software development, a benefit of around £25,000 can be realised.
The relief can reduce Corporation Tax liabilities, generate refunds for prior year payments or, for loss making companies, generate a tax credit from HMRC.
Join us for a webinar with the Shorts’ Radius R&D team to determine whether you may be able to benefit from a reduced tax bill. We will cover:
•What are R&D Tax Reliefs?
•How can they benefit a business’s cashflow?
•Which types of businesses can claim them?
•What type of development work qualifies as R&D activity?
•Which costs can be claimed?
•Making a successful claim
•How long do HMRC take to process claims?
Speaker Bio:
Joining instructions:
For all webinars you are required to make a ZOOM account so you can attend. Please follow the link below to create an account: https://zoom.us/ Once you have booked on you will be sent instructions on how to join the session.
Membership at the Chamber enables you to attend unlimited online sessions as well a whole host of other services. For more details or to speak to one of the team about membership please click here.
