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In her latest article for Taxation magazine, Jenny Tragner, a ForrestBrown director, shows how research and development (R&D) tax credits can boost innovation and stimulate growth in SMEs. 

But unfortunately, many businesses believe they are not eligible to claim R&D tax credits and here, Jenny explains why.

In this jargon-free guide to R&D tax credits, she demystifies R&D tax credits to explain how an accountant or finance director can identify a qualifying business, what R&D is and how R&D tax credits work.