Software development can be considered the most intuitive field of research and development. While this field involves continuous development of new code, it's important to distinguish between coding that is considered routine and coding that constitutes R&D. This distinguishment highlights the necessity to involve a software developer during the R&D funding process.
The in-house experts of Minerva Innovation Group Ltd include software developers who have worked with a large number of software companies. Due to our strong academic background and past experiences within the industry we are able to understand your technical activities on a detailed level which allows us to maximise your financial benefit. We offer a quick turnaround, allowing you to continue focusing on your day-to-day business duties.
Examples of technical activities which have previously qualified for R&D tax relief include:
Extending or enhancing the capability of a library or framework (such as WordPress CMS, Laravel, etc.)
Development of a centralised payment platform to enable direct bank-to-bank transfers to be authenticated through blockchain