Research and development relief

As is well known, a good knowledge of the law contributes to the enjoyment of many of the comforts of doing business. However, it is also known that the law is so complicated that often only a lawyer can deal with it effectively. This applies, among other things, to novelties in the tax market, and one such is, as of 2016, the possibility of obtaining research and development (R&D) relief. Our law firm in Bialystok will assist you in this regard.

Research and development relief and once "relief for the acquisition of new technologies", allows eligible costs (among other labour costs) to be deducted from the tax base, which applies to EU projects implemented with previously raised funds. What is important is the fact that:

The research and development allowance is settled for the previous year. Deductions are also made for 3 consecutive years in the event of losses or income lower than the deductible, starting from the year in which they occurred.

The already mentioned eligible costs, on the basis of which the taxpayer accounts for the losses incurred, relate to:

In addition, there are additional conditions governing deductions, such as maximum income reduction amounts. Thus, accounting for the research and development allowance requires a high degree of proficiency in the regulations tax law, hence legal aid is mandatorily recommended.

Our law firm located in Bialystok effectively and efficiently takes over for our clients the obligation, but also the possibility to account for the research and development relief. We reduce the fiscal burden for you and, by demonstrating the benefits of the relief, we modestly hope to contribute to the economic development of our region. You are most welcome to visit our office and to entrust us with your tax affairs on a permanent or periodic basis.