Software

Software

Many companies have benefited from R&D tax relief on their software development expenses. The opportunities continue to expand as new generations of technology make previously impossible developments possible, and previously expensive developments affordable.

Examples of qualifying R&D in software development:

  • – intelligent software; programs with cognitive abilities, such as the software to drive autonomous cars and aircraft, or recommendations to persuade you to buy just one more pair of shoes;
  •  high-performance software; from the largest computers to the smallest, smart engineers are squeezing the last drops of performance out of the hardware;
  • virtual reality, augmented reality, mixed reality; from Hollywood to your smartphone your world has never looked so beautiful;
  •  big data; recent years have seen an explosion in the number of devices, some scarcely recognisable as computers, recording data about the material world, and a corresponding explosion in the storage and processing of the data;
  •  green computing; not only software systems to help scientists to understand how the planet is warming up, but software to reduce the demand for energy too, and even software designed to need less power to operate itself.

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