Could R&D Tax Relief be a Cash Lifeline for Manufacturers?

Sustainability of businesses throughout Covid-19 has been impacted in every aspect, especially cashflow, which has been felt by thousands of SMEs across the UK. Fortunately, recovery is on the horizon for many, however there are some organisations that will take a while to bounce back. Now more than ever is the right time for manufacturing businesses to be taking full advantage of the schemes that are available to them as they can offer a significant cash return or corporation tax reduction back to your business.

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