In this episode we delve into all aspects of Research and development, from company activities, to information about the government tax R&D incentive.
What we cover in this episode:
- What R&D is
- Real life examples of R&D projects
- How to spot when your company is partaking in R&D activities
- Paul's notion that if you are an innovative, or growing company, you will be partaking in R&D activities
- The importance of record keeping, accounting, and documenting your project challenges
- Why you and your company will benefit by seeking professional, expert advice on and R&D tax planning strategy
Song for the podcast this week:
Arcade Fire & David Bowie - Wake Up
https://www.youtube.com/watch?v=z6c9Ejfu-iU