Joanna Lumley as the actual first female Dr Who
Remember when they turned Dr. Who into a woman, and there was much wailing and gnashing of teeth. Personally I didn’t watch it so I didn’t really care. Whatever else it was hailed as an innovative idea.
Except that we have been here before. Back in 1999 Comic Relief did a spoof Dr. Who with Rowan Atkinson as the Doctor (search Curse of Fatal Death if you are curious). At the end he regenerates into several well know male actors and then finally as a 13th doctor turns into Joanna Lumley (looking great at 53).
So not that innovative (although Steven Moffat wrote the sketch so he can’t really be accused of ripping himself off).
But are you doing something genuinely innovative yourself. Are you developing something that you didn’t know if it would work; or still don’t because the project isn’t finished. Or did you try and it didn’t work out.
It doesn’t have to be rocket science, you don’t have to be inventing a time machine. Just something new; longer, shorter, lighter, smaller, greener, quicker to make, cheaper to make, less waste. Maybe a customer wants something that’s not standard and you have to come up with a way of giving it to them. Or you need to combine different products in a completely new way. Or use an existing product for a different purpose. Even if it’s just the process that is new and not the finished product, that’s Ok too.
In short if you make anything then you are 99% likely to be doing R&D and that means you can get a big tax break courtesy of the government. And don’t think they begrudge you it. On the contrary HMRC is upset because NOT ENOUGH companies are claiming.
So give me a ring on 01482 814895 or drop me an email at paul@pgsaccountancy.co.uk to see if you qualify. Its free to ask, no obligation, but why wouldn’t you want to get some tax back if you could.
You will be very happy you did. I’ve claimed back up to £67,000 in one go. How much is yours worth?
Have a great weekend.
Paul