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Understanding the types of research and development activities that qualify for the UK R&D tax credit is vital for maximizing your potential benefits. When determining if your activities meet the criteria, it is important to conduct a thorough cost analysis to verify that the expenses incurred are directly linked to the R&D projec
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Additionally, preparing for potential audits is a prudent step. By maintaining detailed records and following audit preparation tips, such as keeping clear documentation of your R&D activities and expenses, you can navigate any audit process confidently and safeguard your tax credit claims.
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