Allowances offer companies uncomplicated tax advantages by allowing them to reclaim part of the eligible expenses directly in the form of tax relief. In particular, the research allowance allows up to 35% of research and development costs – both for internal projects and contract research – to be claimed against tax.
Allowances are an attractive form of state support as they work directly through the tax system and improve your company’s liquidity. Unlike grants or loans, allowances are usually claimed retrospectively as part of the tax return. They are non-repayable and provide companies of all sizes with easy access to subsidies – without complicated competitive procedures.
Allowances exist at federal and state level and can affect different areas of your company:
Applying for allowances differs from traditional subsidy programs: It takes place via the tax authorities and is usually also possible retroactively. This means that companies benefit regardless of deadlines or budget utilization. However, all formal evidence and project descriptions must be prepared precisely – this is where we support you with our expertise.
Allowances are subject to clear conditions: Only certain types of costs are eligible and compliance with tax regulations is mandatory. We guide you through the entire process to ensure that your projects are presented correctly and that the eligibility requirements are met.
We take care of the entire process for you – from the initial analysis of your funding opportunities to the preparation of the necessary applications and supporting documents through to the successful tax claim. In this way, we ensure that you benefit from tax allowances quickly, easily and risk-free.
Get advice now on applying for allowances and take advantage of tax incentives for your company.
Book an appointment directly with one of our experts or send us an e-mail. We look forward to getting to know you and your project.
