Every company large or small, could qualify and it does not matter what market sector or industry you are in. RDS can quickly determine if you qualify in any area of your business for R&D relief.
If you employ 1 to 500 people, the allowance is currently 130% of any eligible spend on R&D. For large corporate businesses that employ more than 500 people and has a turnover of more than €100 million it is 230% of the eligible R&D claim.
Your first claim can be for a period of two years. In other words, while in your 2017 accounting period, we can process your R&D tax relief for 2016 and 2015. After the initial two-year claim, R&D tax relief claims can be submitted annually.