Autumn Budget 2024: What does it mean for R&D?
Caroline Hawkins
2 minute read
1 Reply:
Innovation: grants, business support, R&D tax incentives and patents.
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Innovation is part of our DNA. We get a real buzz out of working with businesses like yours that are going places. We want to be on that journey with you. Side by Side every step of the way.
From initial grants to kickstart a project, Research and Development incentives to further support your development, to applying for a reduced tax rate due to your patents, CP Innovation has you covered.
We work in partnership with award-winning grant providers (on both a National and local level) and patent attorneys.
We build relationships with our clients that break the mould. And we’re never afraid to give our opinion. Why? Because the landscape is ever-changing, at a faster pace than ever before and we’ll help you to access the support available to your business, keep you up to date with the latest developments and rule changes and ensure you make the most of your cashflow, whilst managing your risk profile.
Fund your business growth and evolve for the future with research and development tax relief – a government incentive to reward the time and investment businesses put into creating or improving products, processes or services.
Patenting your new development could help protect your Intellectual Project but did you know it can also help you access another very beneficial tax relief. Patent Box tax relief is an innovation tax relief for companies who have developed qualifying intellectual property rights (IP), typically patents.
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