R&D within the Software sector
Sector Overview – Software

Within the latest HMRC statistics on R&D tax credits, we can see that 24.8% of all claims made under the SME scheme, were for companies operating in the “Information and Communications Technologies” (ICT) sector. This accounts for 25.9% of the total value of claims.

The average claim value was £51,075.

Research and Development Tax Credits within the the Software industry

By its very nature, developing new types of software involves a high number of technological uncertainties. As a result, software developers must overcome these challenges on a daily basis, as a routine part of their jobs.

Being eligible for R&D tax credit centres around two key areas. You need to be either:

Producing new or improved products.

Design and development of a product involving some degree of uncertainty for which the answers were not obvious.

Modern software is based on “object orientated programming”. This essentially means that each program consists of separate objects or modules that are self-contained programs but which communicate with each other. This allows software programmers to re-use objects or modules for different applications.

Examples of scientific and technological uncertainties in the development of software

Testimonials from our Software clients

  • Fiscale were very easy to work with and fully explained the processed involved as well as providing support at every stage.

    Mark Lancaster, West March Systems Ltd
  • Fiscale kept us informed throughout the whole procedure and had a high level of professionalism, we definitely recommend them.

    Tracie Brown, PSW BC
  • They are a great team that really got to grips with what our company was all about, very quickly.

    Tim Gifford, ELTjam
  • Fiscale guided us through the whole process, they were extremely helpful and explained everything. I would have no hesitation in recommending Fiscale.

    A. Ingham, Director, Agovo Limited
  • Fiscale are a rare example of a thoroughly professional company, staffed by deeply experienced and pro-active people. A very rewarding pleasure… money from the tax man that we had previously not expected, all facilitated by really nice people.

    Tim Meadows-Smith, New Media Group

Sound like familiar challenges? Call Fiscale Today!

Why not contact us today to discuss your business’ R&D tax relief? It only takes our team around 20 minutes to determine if you are eligible or not.