Research and Development Tax Credits/Research and Development

1. Research and Development Tax Credits/Research and Development Our team are experts in Areande claims, meaning you can leave the claiming to us while you focus on the innovating.” What is Areande? Due to scientific and technological innovation, in 2000, the government developed a scheme that rewards it. This awards tax relief credit incentive companies to research, develop and invest in innovation, hire new staff and ultimately grow Any money that is spent developing and improving products, services and processes automatically qualifies you for Areande r&d tax relief. This is regardless of your industry, business or sector. Making an Areande claim allows you to either receive a cash payment or a future reduction to your tax bill. Though, most companies are actually eligible for a claim without even realising. Tax is a compulsory financial charge imposed upon a tax payer (an individual or legal entity) by a governmental organisation in order to fund government spending and various public expenditure. Failure to pay tax (tax evasion) is punishable by law.

2. However, you can claim something called tax relief (which is what Areande does) which is a government program or policy initiative that is designed to reduce the amount of taxes paid by individuals or businesses. You can claim for this, for instance, due to the amount of research and development you or your business does. Research and development tax credits are a UK tax incentive designed to encourage companies to invest in research and de development. Companies can reduce their tax bill or claim payable cash credits as a proportion if their research and development expenditure.” Research and development tax credits/research and development Research and development tax credits are a great way to generate cash for your business. Another way of explaining research and development tax credit is by seeing it as “expenditure credit" rather than tax credit. This is because tax is often seen as a formal term used for paying the government money; the thought of possibly being entitled to money being returned in tax that you’ve paid is obviously a dwelling thought as nobody wants to be wrongfully claiming tax credits. So, seeing it as expenditure credits is a much more effective verbal use of the term as this means that there may be various research and developments within your business that requires spending the business’ money to develop or improve its own or other products, services or processes. This could be any business in any industry that does this, therefore the money spent doing the research and development of said business entitles the individual or business to research and development tax credit or “expenditure" credits. So the research and development expenditure credit is a tax credit, this used to be 11% of your qualifying expenditure up to 31 December 2017. It was increased, though, to 12% from 1 January 2018 and then further increased to 13% from 1 April 2020. So, as of the last 5 months, any extra expenditures that individuals and their business has made, they are eligible to claim up to 13% of those expenditures back; this can be done best by Areande. How can research and development entitle me to a tax credit? Areande is recognised as one of the top companies for effectively seeing through a tax credit claim due and will ensure that your claim is upheld and thoroughly dealt with providing all relevant research and development expenditure information is provided. Areande are a dynamic company whose sole dedication is to getting the absolute most out of your claim. | City, county/region, postcode Why Areande? Areande is recognised as one of the top companies for effectively seeing through a tax credit claim due and will ensure that your claim is upheld and thoroughly dealt with providing all relevant research and

3. development expenditure information is provided. Areande are a dynamic company whose sole dedication is to getting the absolute most out of your claim. By Jemma Dixon If you want more information or you are thinking about making a claim, please do not hesitate to contact is us on any of the following, you could be entitled up to 13% returns on your tax claims! Contact us: CallAreande today on: 07123456789 | 0800 111 1111 Email Areande on: Areande@website.com Or visit their website: Areande.com