Stevenage
01438 727141
Hitchin
01462 413249
Cambridge
01223 929150
Bedford
01234 639466
Hemel Hempstead
01442 503901

ENERGY & GREEN INDUSTRIES

ENERGY & ECO INNOVATION COSTS

  • Do you run innovative eco and/or energy projects?
  • Do you invest in the development of new technology?
  • Do you research and trial renewables and/or systems?
  • Do you spend money directly or indirectly on the above?
If you answered yes to these then read on about your potential rebates.

Renewables and smart energies, nuclear innovation and development in low carbon options; as well as approaches to design and technology with positive ecological impacts are resulting in some serious innovations within the energy and green industries.

But research and development costs with no guarantee of a return on investment. 

However, R&D in these areas is something the government view as crucial to the UK's economy. They are therefore encouraging this activity through offering tax breaks called Research & Development tax credits, or R & D claims.

Substantial government tax rebates.
If you have under 500 employees and have invested in developing innovative new products, processes or services; then you're likely to be eligible for a cash payment and/or corporation tax reduction.

What is it?
It’s a government backed scheme to encourage innovation with tax refunds. A way for them to invest in your business. The money can even be used as an alternative to innovation grants for R&D funding.

What it means.
It’s simple. It’s a chance to take advantage of tax relief, a way of the government investing in your business. The money can even be used as an alternative to innovation grants for research and development funding.

Profit or Loss Project Rebates.
If you are a profit-making company that’s invested in research and development, then you could be refunded up to 26% of eligible costs.
Loss-making companies can also receive cash back for up to 33% of eligible costs. Claims can even be made for up to the last 2 years.

How Bracey’s can help
We can offer a Free Eligibility test with no obligation.
We will minimise director’s involvement for convenience.
It’s a 100% seamless process.
No win no fee. Yes, you read that correctly.
No minimum years tie up agreement once we’ve done the above.

 
mail@braceys-accountants.co.uk or call 01462 413249 and we can talk..
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