Global research and development incentives

Tax, Research & Development Tax Credits

Research and development incentive overview 

Research and development (R&D) play a critical role in business today. Increasingly, national economies are recognising the important role innovative companies play by introducing and promoting tax incentives and grant programmes to encourage additional research investments by businesses. The tax incentives are typically in the form of tax credits, super deductions or in some cases by cash grants. In some jurisdictions, they provide relief in the form of reduced tax rates for income in relation to the technology based intellectual property (IP).

With the increasing focus and impact of transfer pricing, IP protection, grants and capital investment to encourage and maximise Global R&D incentivesreturn on investment in R&D, Baker Tilly network members have consolidated a high level overview of key considerations across multiple global jurisdictions for businesses.

All incentives noted in this document are subject to further detailed conditions that should be assessed.

Our local team and global network can assist you by:

  • Identifying available research activities
  • Identifying qualifying IP in your company
  • Analysing detailed accounting records to find costs available for jurisdictional relief
  • Advising on optimal transparency and structure in the accounting records to increase consistent use of R&D tax incentives
  • Considering existing and potential alternative tax planning strategies based on the rules in differing jurisdictions, considering not only the incentives for research expenditures, but various implications such as withholding taxes, available grants for job creation, and corporate tax rate reductions for the licensing of IP
  • Anticipating and responding to economic and legislative changes. Working with you, we will develop strategies to assist you in obtaining your goals of expansion and growth. Experts will jointly develop effective strategies for obtaining grants, incentives for innovation, and alternative energy/green initiatives. Incentives are continuously set to develop and evolve.

Find out more

Download our latest overview today or for more information, please contact Gareth Peters or Jay Avraj Bhatti from our R&D Tax team on the details below:

Gareth Peters

T: 01908 662255
Jay Avraj Bhatti
R&D Tax Manager

T: 0203 486 4575

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Global research and development incentives - July 2020

Tax, Research & Development Tax Credits