Not only do the activities of an IT Consultant constantly evolve as the abilities and functionalities of technology develops, but their work also allows companies in all industries to grow and remain competitive.
Covid-19 emphasised their importance in our economy as IT Consultants were at the forefront in ensuring businesses were able to remain operational while office spaces were closed due to national lockdown restrictions. The role of an IT Consultant is complex by nature and their processes are consistently being appreciably enhanced; making them ideal candidates to qualify for the R&D tax scheme.
IT Consultants are constantly having to overcome technical challenges to ensure that they are meeting the needs of their clients.
There tends to be a misconception that IT Consultants do not qualify for the R&D Tax Scheme as they are not often doing ground-up software development. However, the work they do with outdated legacy systems and modifying architecture can be highly complex and qualifies under the R&D scheme.
Examples of qualifying activities include, but are by no means limited to:
An average SME operating within the sector can claim in excess of £50,000, with its large companies eligible for over £500,000.
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