Tax Cloud will be hosting a speaker session which aims to give accountants a practical guide to HMRC’s R&D tax relief incentive in the Tax Theatre at Accountex on 1 May 1, 4pm.

Designed and created for accountants, this presentation will help you understand all the latest information on HMRC’s R&D tax relief scheme, covering aspects such as:

– What are the thresholds for the R&D tax relief scheme?
– What could R&D tax relief be worth to a profit-making SME?
– What could R&D tax relief be worth to a loss-making SME?
– Directors’ pay and R&D tax relief claims.

Accountants who attend this presentation will walk away with ideas on how the R&D tax relief scheme can help them attract new clients, grow their practice and boost revenue as well as how they can identify low hanging fruit amongst their client base.

What are R&D Tax Credits?

R&D Tax Credits allow businesses that incur costs in developing products, processes, software or services to receive a corporation tax deduction or cash payment from HMRC. But many businesses don’t realise that they qualify for R&D tax credits or that they are not claiming their full entitlement. These businesses are missing out on one of the government’s top incentives which allow up to 33.3% of a company’s R&D spend to be recovered as a cash repayment.

That is why Myriad Associates have used their specialist knowledge and experience to create Tax Cloud, a much-needed solution for accountants who are looking to offer their clients R&D tax relief services with support from a leading R&D tax consultancy.

Tax Cloud (stand 140) will be hosting a speaker session which aims to give accountants a practical guide to HMRC’s R&D tax relief incentive in the Tax Theatre on May 1 at 4pm.