Pronovotech specialises in helping UK-based technology companies to claim their entitlement to tax incentives for research and development (R&D) work.

The financial benefits of the scheme can be substantial, but many companies do not realise that they have eligible projects or merely treat the R&D claim as part of their broader tax and accounting affairs without realising that they may be missing out on their full entitlement. For most companies involved in technology projects, the scope of their eligibility for R&D tax incentives warrants special attention.

The R&D scheme is a very specialised area of the tax system and a key aspect is the technical explanation of how the work meets the qualifying criteria. Accurate identification of the scope of the eligible work leads, in turn, to accurate quantification of the claim. Without a rigorous technical review, it may well be that claims are being restricted to the ‘obvious’ work and that considerable additional benefit is being lost.

Please explore our site to find out more about the incentives available and how we could help you to claim them or contact us for further information.