Money
R&D tax credits
UK tax relief for companies spending on qualifying research and development, which can include software work that solves genuine technical uncertainties. It reduces tax bills, and can pay out cash to some loss-making companies.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
Finance needs the engineers to write up last year's technical challenges for the R&D claim.
Why it matters to you.
Your write-up of what was hard, and why, can be worth real money to the company. Keep notes as you go.
Videos.
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