Software and IT companies are engaged in constant efforts to improve their products. In order to drive business growth and meet the expectations of increasingly demanding customers they must take risks, experiment and innovate or face inevitable stagnation in a brutally competitive industry. In other words, they must carry out R&D. Many companies are benefiting from R&D tax relief on their software development expenses.
It’s widely acknowledge that establishing and defining qualifying R&D in the context of software development can be challenging. The perfect user experience – a holy grail for software developers – may not necessarily be an advance in science and technology (at least in terms of HMRC’s definition).
Contact ABGI and a representative will get back to you to discuss your unique needs and explain how we can assist.