Momentum are a team of business consultants, technical analysts and accountants that specialise in R&D Tax Credits for the areospace, manufacturing, security and enginering sectors.
Based in Bangor Co. Down Northern Ireland, Momentum have been making successful claims for its vast range of clients throughout the UK in obtaining significant rebates directly from HMRC.
R&D Tax Credits are the UK’s most generous and most under-claimed form or corporation tax incentive available today. Successful claimants may be able to claim substantial developments costs by way of cash or credit for every year qualifying R&D activities have occurred.
The aim behind R&D tax credits is that the UK’s economic advantage and growth is likely to come from its ability to deliver technological innovation. The government use this tax initiative to encourage firms to invest in developing their own innovative products or services, and make the UK more competitive in the global marketplace. The Governments objective is to use tax incentives to encourage firms to invest in developing their own innotavive products, processes and services to make the UK more competitive in the global market.