Companies have to substantiate R&D tax credit claims with employee time-sheets and contemporaneous documentation. Failure to meet these requirements leads to a greater risk of an audit and partial or full denial of the claim. Can you afford that?
Integrated with Agile Software Development tools. Unique technology that calculates time sheets without manual time tracking
Expenditures are calculated and prepared according to Government guidelines and best practices
Be prepared for an audit anytime. Detailed logs are stored multiple years and can be retrieved to substantiate claims
With any R&D tax credit claim, you will be required to identify how much time your people have spent on research and development. If you are a first time claimant, you will probably not have this information at your fingertips.
Scientific Research and Experimental Development (SR&ED) / Canada Revenue Agency / Canada
Research and Development (R&D) tax credit / Office of the Revenue Commissioners / Ireland
Research and Development (R&D) tax relief / HM Revenue and Customs / UK
US Research and Development (R&D) tax credit / Internal Revenue Service / US
Research and Development (R&D) loss tax credit / Inland Revenue / New Zealand