R&D Tax Credit FAQs
At DSM, we are passionate about our responsibility to educate as many businesses as possible about R&D tax credit. With only 10% of eligible companies actually taking advantage of this amazing tax allowance, there is still a long way to go.
Part of our mission is to explain the ins and outs of the different schemes, identify which projects are eligible and how to find all your qualifying costs. Our FAQ section groups together all the information on one topic. There are no one word answers to R&D tax credit questions and the answers often lead to further inquiries.
Having to click through several shorter FAQs just to find the information you’re looking for is just a waste of your time. We have distilled some of our knowledge into seven sensible sections, which all start with a question that is commonly asked by our clients:
You will find the answer to each of these questions and other useful information associated to that particular topic. There clearly identifiable sub headings, so you can quickly skim to the precise piece of info you’re looking for. You can also use our free Research and Development tax credit guides which will let you discover more about the specific schemes that are available and our free R&D calculator so you can work out some figures.
Any essential technical language is explained as needed, but otherwise we are a jargon free zone. Working on the premise that you can’t apply for something you don’t understand; you will find straightforward language, clear answers and no repetition between sections.
We will update our information in line with any changes, as they happen and add new questions as they become relevant.
Have a question?
We are always here to answer questions in person, by phone or email, so don’t hesitate to get in touch. It can be one thing to understand what something means and quite a different prospect to apply it to your business context. You will find good, solid information in our FAQS and it is an excellent place to start, but you may find you have further questions that are very specific to your company. That’s what we’re here for.