Growth Hive UK

Are you harnessing the power of innovation to drive your business forward? Turning creative concepts into revenue is essential in today’s competitive landscape. Let’s explore strategies to leverage your R&D efforts and maximise your profits. Contact us today for a consultation. 👉 www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Did you know that various staff costs can be included in your R&D tax credit claim? Here’s a quick overview of what qualifies: ✅ Salaries ✅ Employer’s National Insurance contributions (NICs) ✅ Employer pension contributions ✅ Some reimbursed business expenses Are you making the most of these opportunities to boost your claims? Contact our experts today: https://lnkd.in/eq7rXMjj #GrowthHiveUK #RandD #ResearchAndDevelopment

Are you aware that directors’ dividends cannot be included in R&D tax credit claims? While dividends may be a more tax-efficient way for directors to receive income, only salaries and employer pension contributions qualify as R&D expenditure. How are you ensuring that your R&D claims accurately reflect all qualifying costs? Let’s dive into your claims strategy and uncover ways to maximise your potential benefits. 👉 Contact us today at www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Did you know that only businesses subject to UK Corporation Tax can claim R&D tax credits? Understanding this is crucial for maximising your potential benefits! Is your business taking full advantage of these incentives to drive innovation and growth? Let’s ensure you're on the right track. Reach out today to discover how we can help you optimise your R&D tax claims. Contact us today for a consultation. 👉 www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Are you making the most of your innovation efforts? Strategic R&D tax claims can significantly boost your capacity for growth and development. By leveraging these tax credits, you're not just recovering costs; you're reinvesting in future innovations! How effectively are you navigating the R&D tax credit landscape? Let’s explore how we can help you maximise your claims and drive your projects forward. Let's connect: www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Is your business exploring new solutions by developing a product based on an existing one? You might still be eligible for R&D tax credits! Even if your product resembles another, you can claim R&D tax credits as long as the development details of the original aren't publicly available. The key is whether you’re aiming to resolve scientific or technological uncertainty. Are you ready to turn your innovative ideas into tangible benefits? Let’s discuss how you can maximise your R&D claims for your next project. Learn more here ➡️ www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Are you ready to unlock your business's full potential with the right R&D tax credit strategy? A well-structured approach can fuel innovation and growth, ensuring you're not leaving any money on the table. Let’s ensure you're maximising your claims and reaping the benefits. Contact us today for a tailored consultation to supercharge your R&D efforts. 👉 www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Curious about externally provided workers (EPWs) and how they fit into your R&D tax credits? EPWs are temporary workers from external companies who contribute just like regular employees but are invoiced through a third-party staff provider. Common sources of EPWs include staffing agencies, personal service companies (PSCs), and connected companies that share control. Understanding how EPWs can impact your R&D claims is crucial for maximising your tax relief. Are you leveraging the full potential of EPWs in your R&D projects? Let’s explore how we can help you optimise your claims and drive innovation. Contact our experts today: https://lnkd.in/eq7rXMjj #GrowthHiveUK #RandD #ResearchAndDevelopment

Did you know that to qualify as R&D intensive under the ERIS scheme, your company needs to meet a specific intensity threshold Since April 2024, this new threshold has been set at 30%, making it crucial for companies to calculate their R&D intensity ratio accurately. Wondering how to calculate it? The formula is simple: Relevant R&D expenditure divided by total relevant expenditure for the period. This calculation plays a vital role in ensuring your business qualifies for enhanced reliefs. Ready to optimise your R&D tax strategy? Learn more here ➡️ www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment

Is your business capitalising on its R&D efforts? Whether you're a start-up or an SME, if you're investing in new ideas, processes, or technology, you could discover valuable benefits. Reinvest in growth, innovation, and the future with the right R&D tax strategy. Ready to take the next step? Let's connect: www.growthhiveuk.com #GrowthHiveUK #RandD #ResearchAndDevelopment