A software company from Nottingham have received a third claim in three years of over £14K in R&D tax credits, totalling to £57,900. Specialising in the fitness and leisure industry, the software company acquired a leisure management system with the aim of developing the product. However it was not deemed scalable or future proof so the company’s research and development was unsuccessful yet still qualified for R&D tax credits.
Many projects have required individual attention to achieve solutions that have included trials, prototypes and problem solving. These are all eligible activities under the R&D tax credits scheme.
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