Details of the first in a national series of seminars with the Motorsport Industry Association ("MIA") and HMRC have been announced. Full details are at:
http://www.the-mia.com/R-D-Tax-Credit-Information-Update-Programme-900
The aim of the seminar series throughout 2015 is to promote R&D Tax Credits to the motorsport sector. recent figures from HMRC indicate that the take up of these credits is very low, especially in the motorsport sector.
Specialist Northampton motorsport accountants Harris & Co are delighted to have been invited by the MIA to be part of the programme.
"As one of the leading firms of motorsport accountants, we are honoured to be asked by the MIA to assist in the seminar series," said Phil Harris of Harris & Co. "We have assisted many motorsport businesses to obtain R & d Tax Credits, the largest of which was £1.8m."
"The figures produced by HMRC show that in an industry that is very inventive and innovative, the level of claims is surprisingly low. we aim to change that."