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When calculating the potential savings from R&D tax credits, it is important to take into account the tax credit rate applicable to your business. How to claim capital allowances on buildings. Should you loved this informative article and you would want to receive much more information with regards to Qualify for Capital allowances on buildings generously visit our web site. The tax credit rate can vary based on factors such as the type of research conducted and the size of your company. By applying the correct tax credit rate to your qualifying expenses, you can determine the amount of tax savings you may be eligible
Maximize R&D tax credits Engage in research and development activities that meet the criteria outlined by HM Revenue & Customs to qualify for R&D tax credits in the UK.