Research and development (R&D) projects are at the heart of some companies’ activities, helping to advance understanding of their fields and solve a wide range of problems.

Is your business creating new products, processes and services for yourself or for your clients? Perhaps you’re changing or modifying existing practices? When innovation becomes a part of the culture, it can be hard to recognise it for what it is. But these efforts could qualify for tax relief under the government’s R&D tax credits scheme.

Relief is available no matter the size of your business, if you can demonstrate a project that sought to overcome a scientific or technological uncertainty.

R&D tax credits are not limited to businesses in any particular sectors. R&D Taxshop has advised on successful claims for clients in construction, manufacturing, agriculture and hospitality. The key is that the R&D activity takes place as part of a project to overcome uncertainty.

This is by no means an exhaustive list – there’s a vast array of many other activities that are also eligible. It’s worth noting that you have two years from the end of your accounting period to submit a claim, so numerous past projects could still qualify too.