Can I include intangible assets in a R&D Tax Credit claim?

Yes, intangible assets can also be included in your R&D tax credits claim. 

According to HMRC, any eligible development costs can be included in the claim regardless of whether they were included in the profit and loss or as an intangible in the balance sheet. A software platform or a development project that is in progress over a number of accounting periods are the most common examples of R&D expenditure capitalised as intangible assets.

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Calculate your R&D tax credits using our R&D Tax Calculator and estimate your R&D claim. If you’re unsure about what costs to include in your calculation, follow our step-by-step guide R&D tax credits explained. Our market leading R&D consultants that have helped startups, SMEs and corporations to get over £120 million pounds back from HMRC in R&D claims.

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