R&D in Telecommunications Companies
Telecommunications companies may invest in developing new communication technologies that can improve the speed, reliability, and quality of their networks.
For example, developing 5G technology or investing in fibre optic networks.
Telecommunications companies may also work on improving existing technologies to make them more efficient, reliable, or cost-effective.
For example, improving the coverage and capacity of existing wireless networks, or developing new compression algorithms to reduce bandwidth requirement
Telecommunications companies may conduct research on software that can improve the performance, security, and management of their networks.
For example, developing new network management software or developing new cybersecurity technologies.
Telecommunications companies may invest in R&D to design and develop new products and services that can better meet the needs of customers.
For example, developing new streaming services or developing new smart home solutions
Telecommunications companies may also collaborate with other companies or academic institutions to share knowledge and resources, and to develop new technologies or products.
For example, collaborating with a university to develop new wireless communication technologies.
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Has your company engaged in this type of activity in the past?
If you believe your telecommunications 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.
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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.
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.
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.