RESEARCH & DEVELOPMENT TAX CREDIT

R & D tax credit benefit enables a company to either benefit from cash payment in the case of tax loss or reduce their corporation tax bill.

Claiming

  • Reopen previous two claims and receive a revised figure
  • Benefits future claims
  • GGTC bears all risk and replicates company to HMRC

Not Claiming

  • Go back two financial periods based on the year end and one year forward
  • Can receive cash or not pay the corporation tax bill
  • Claim every year for development related activities
  • GGTC bears all risk