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Metro Bank and LB Group hosting Research and Development Seminar

Metro Bank and LB Group hosting Research and Development Seminar

Metro Bank & LB Group Chartered Accountants set to host Free Research & Development Tax Relief Seminar for business owners in Colchester

Metro Bank & LB Group Chartered Accountants are all set to host a Free Research & Development Tax Relief Seminar on Wednesday 16Th May for Colchester business owners at Metro Bank premises on Colchester High Street.

Click to register

Research & Development tax credits were first introduced in 2000 and since then have provided over £6billion in benefit to UK based companies. Despite being an invaluable relief to companies undertaking qualifying activities the take up is still very low, with the biggest reason for companies not applying for R&D tax credits is the common misconception that R&D is only undertaken by those wearing white coats working in laboratories.

In actual fact the majority of claims are made by those in the manufacturing sector followed by those involved in technology based activities such as software development. A project also doesn’t have to be successful to qualify, as you can claim R&D tax credits even if a project is unsuccessful or aborted part way through.

According to Paul Mustoe, Director at LB Group – There are in excess of £3billion in unclaimed R&D tax credits. To date LB Group have assisted clients in claiming £5million in benefit from the R&D tax relief scheme.

The free seminar at Metro Bank High Street Branch, Colchester CO1 1DB will provide an essential insight on R&D Tax Relief to include details of who can claim R&D Tax Relief, typical R&D expenditure, costs which can’t be included and the claim process. Free event tickets can be registered online from the official event page.

Metro Bank and LB Group hosting Research and Development Seminar

Metro Bank and LB Group hosting Research and Development Seminar

Metro Bank and LB Group hosting Research and Development Seminar

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