RSM are hosting a breakfast event focused on Research & Development (R&D) tax credits and the potential cash back for businesses.
R&D tax relief and credits are a key part of the Government’s strategy to encourage investment in innovation in the UK.
Recent data published for the first time by HMRC revealed that the East Midlands region was eighth in the rankings and accounted for just six per cent of R&D claims nationally. This highlights that despite the East Midlands being at the heart of technological and engineering advancement companies are still not taking advantage of this opportunity.
To help your business maximise the potential of R&D tax credits, RSM’s Central Region Head of R&D, Sheetal Sanghvi will cover the importance of R&D to your business along with:
the relevant criteria you need to qualify for R&D tax relief and the tax benefits
busting common myths
the future of R&D
recent HMRC statistics
the practicalities of making an R&D tax claim to HMRC
There will also be live case study examples from Holovis International and Churchill Specialist Contracting.
Meet the speakers:
Sheetal Sanghvi, RSM
Sheetal is a member of RSM UK’s National Innovation and Technology Group and the Central Region Head for advising companies on R&D tax credits and maximising tax relief. Since 2013 Sheetal has successfully claimed tax credits on a number of R&D projects undertaken by market leading companies across a broad range of sectors.
Sheetal represents the firm on the HMRC R&D Consultative Committee. The committee is a HMRC sponsored forum, which meets twice a year to discuss the operational policy proposals and related operational issues; issues arising on the implementation of prospective changes to legislation and practice and operational aspects of existing policy and practice. This involvement has enabled Sheetal to develop strong relationships with HMRC R&D units.
Daniel White, Churchill Specialist Contracting
Daniel White is the Director of Operations for the Lightning Protection and Earthing division of the company and has been employed by Churchill since September 2008. Daniel manages the estimating team and the test and maintenance division to ensure the productivity and profitability of all projects undertaken by Churchill.
Stuart Hetherington, Holovis international
Stuart is an experienced entrepreneur with a history of working in advanced technologies, specifically around high-end visualisation, motion tracking technologies, research & development and information technology industries. Skilled in leadership, driving business growth, leading Innovation and patent-able technologies, sales, go-to-market strategy, sales management, and strategic partnerships. Innovator with commercial expertise and strong business development skills.
Related event: Innovation inCharnwood Showcase 7 November. See the LBF calendar for details.