Online CPD: Are you making the most of government R&D tax credits?
Location: Online, via Youtube
Date: 15 October 2020
Start Time: 12:00 am
Available until 15th April 2021
This event was primarily aimed at practices which are limited companies, as this is a condition of the tax credit for R&D.
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, explored 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 £19 million in tax relief for these design studios. The seminar focused on key industry trends such as sustainability, working with historic structures and designing with new materials. Course Content The seminar and Q&A was structured as follows:
- Challenges facing UK Architects
- Background to the Schemes
- Qualifying Criteria
- Qualifying Expenditure
- Leyton’s Delivery Process
- What Happens Next
Speaker info 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.