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Bradshaw Grice Ltd is a Research & Development (R & D) Tax Credit and Patent Box Consultancy.If a company is trying to push forward and develop or improve it's offering in technology, processes, products or IT, then there is a good chance it will qualify for a cash subsidy from the Government. This "subsidy" was worth about £40,000 on average to a claiming company in 2010 (Source HMRC )It does not matter if the company has paid corporation tax, is loss making, started to trade, or failed in it's attempt to achieve the desired goal, this subsidy is available if the business meets the qualifying criteria.That is where Bradshaw Grice comes in, to see if you may qualify, listen to what you are doing and work out with you if it is worthwhile your business taking the claim further. We are unique in that we also advise, prepare and undertake Patent Box tax work.If a business is able to gain or has Patents, either granted or pending, then from the 1st April 2013, the corporation tax on the profits from this income stream, no matter how exploited worldwide, will fall to 10% for 20 years!This is the singular greatest change in Corporation tax for decades. Please call us and find out how and if R & D Tax Credits or Patent Box apply to your business.
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