Are you making the most of government R&D tax credits?
Location: Online, via Teams
Date: 15 October 2020
Duration: 2:00 pm - 3:00 pm
This event is primarily aimed at practices which are limited companies, as this is a condition of the tax credit for R&D. However, it may also be of interest to partnerships who are considering becoming limited companies to avail of this benefit.
The UK Government is encouraging investment into research and development through tax relief and funding opportunities for the architecture sector and your practice could benefit financially. The R&D Tax Credit incentive allows businesses to recuperate costs from technically challenging projects, receivable as a cash injection, an adjustment in corporation tax or an enhancement in losses.
This hour-long seminar, delivered by global consulting firm Leyton, will explore how R&D Tax Credit incentives can be used as a valuable tool to support cash flow amid the challenges presented by COVID-19. Across the UK, Leyton works with over 400 architecture firms and has delivered close to £19million in tax relief for these design studios. The seminar will also focus on key industry trends such as sustainability, working with historic structures and designing with new materials.
The seminar and Q&A will take one hour and is structured as follows:
- Challenges facing UK Architects
- Background to the Schemes
- Qualifying Criteria
- Qualifying Expenditure
- Leyton’s Delivery Process
- What Happens Next
Martin Sharkey is Head of Consulting, Scotland at Leyton UK. Leyton was founded in 1997 in France and are a global innovation funding specialist with specific expertise in R&D tax credits, energy consultancy, capital advisory and employment law.