April 20 In the Press

HMRC pays out £20million to innovative NI companies in R&D Tax Credit claims

Businesses in Northern Ireland have claimed over £20million in R&D Tax Credits according to the latest figures revealed by HMRC.

The scheme was introduced in 2000 for SMEs, with a separate scheme for larger companies launched in 2002, to increase the R&D base by helping to reduce the cost of corporate research and development. Tom Verner helps identify R&D activities and submits claims on behalf of companies.

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