R&D in App Development Companies
Industry Spotlight
How might app development qualify for R&D tax relief?
Innovation is the driving force behind progress and growth in any industry. Companies that invest in research and development (R&D) are the ones that stay ahead of the competition, produce better products and services and drive growth in the economy.
An app development company may be eligible for R&D tax relief if they are undertaking activities that meet the criteria for qualifying R&D activities as defined by the UK government. These activities are aimed at resolving scientific or technological uncertainties and must involve advancement in overall knowledge or capability.
Here are some examples of activities that an app development company might be undertaking that could be eligible for R&D tax relief:
R&D can help an app development company stay up-to-date with new platforms such as
- Smartwatches
- AI or virtual assistants
- To create apps that can integrate with these emerging technologies.
R&D can be used to analyse user data to better understand user behaviour, preference and needs which can inform the design and development of future apps.
R&D can be used to develop new features that improve the user experience of the app such as
- Voice recognition
- Augmented reality
- Real-time chat.
If your app development requires the development of complex algorithms or data structures, such as data processing, machine learning models or predictive analytics, you may qualify for R&D tax relief.
R&D can help an app development company explore new technologies such as
- Machine learning or blockchain
- To create more innovative and competitive apps.
R&D can be used to optimize app performance such as
- Reducing app loading times
- Improving battery life
- Enhancing security.
If your app development focuses on improving security measures, such as encryption techniques, secure data storage or implementing robust authentication mechanisms, you may be eligible for R&D tax relief.
If your app development process involves overcoming significant technical challenges such as
- Addressing compatibility issues
- Optimizing performance
- Improving security measures
You may be eligible for R&D tax relief.
Doing anything innovative or industry advancing?
Get in touch today to book your FREE discovery call.
Has your company engaged in this type of activity in the past?
If you believe your app development company could benefit from R&D tax relief, please do not hesitate to contact us today.
Our team of experts is here to help you navigate the complexities of research and development tax relief and ensure that you receive the maximum benefit for your innovative work.
Get in touch today to book a FREE discovery call.
R&D Tax Relief
From initial discovery call and information gathering through to claim preparation, supporting documentation and submission. We're your expert partner in R&D tax relief submissions.
RDEC
For larger companies we can support claim preparations under the RDEC (Research & Development Expenditure Credit) scheme, ensuring robust, defensible and maximised claims .
HMRC Enquiry Support
We'll liaise with HMRC on your behalf, ensuring no unnecessary delays on receiving your claim and no unfair reductions. This service is provided as standard for our clients.
R&D Claim Review
If you're making an R&D tax relief claim, our team can help ensure you're compliant with the latest legislation and identify any potential claim uplift. Speak to our team for more information.
Partner Program
If you work with innovative businesses and you're interested in partnering with us to ensure your clients are maximising their R&D tax relief, speak to our partner program lead.
Accountancy Services
Through BC&A Chartered Accountants, we offer a range of accountancy services including company formations, business planning, taxation and compliance services and more.