Phoenix R&D: IT Software

R&D Tax Credits in IT & Software

If your business is involved in software development, there’s a great chance your innovation could benefit significantly from the government’s R&D (research and development) tax incentives. We have already helped so many businesses grow in the IT & Software sector – so it’s time you took advantage of this scheme!

Design and development of ‘add-on’ tools or plugins to enhance the functionality of existing applications
Implementation of extensions to existing database software or operating systems
Research and development into innovative data capture methods

Research and development into innovative data management techniques and representations
Conducting feasibility studies for potential software ideas
Analysis of new and competing technologies
Product or software testing
The creation of technical specs to underpin an R&D project
Necessary training to support the use of R&D

Who qualifies for software development R&D tax relief?

Software development companies: Typically, a business that has teams of software developers to support other businesses in their software projects.
Software houses: May create and iterate software, provide Software as a Service (SaaS), business tools or enterprise resource planning (ERP) systems.
Businesses that develop software in-house: Any business that performs a bespoke software development project.

R&D software project and activity expenditure

Employed staff costs (gross salary, employer’s National Insurance and pension contributions)
Subcontractors, agency staff and freelance professionals
Software licensing fees
Utilities and Consumables
Overcoming uncertainties