Federal government promotes research and developmentPersonnel expenses: Tax relief for companies
Since the beginning of 2020, industrial companies have been able to claim personnel expenses for research and development (R&D) against tax. Medium-sized companies with more than 250 employees in particular benefit from this, as this company size means they meet the criteria in contrast to those for traditional R&D funding.
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One advantage of R&D projects over traditional project funding is that innovative projects can be started immediately instead of having to wait until the funds have been approved before starting the project. © Freedomz/Shutterstock.com