r&d tax creditsIntroduction

PDFBox is an open source Java PDF library for working with PDF documents. This project allows creation of new PDF documents, manipulation of existing documents and the ability to extract content from documents. PDFBox also includes several command line utilities.

PDFBox was designed by an expert team of software engineers and was funded by inward investment whilst taking advantage of R&D tax credits which is a Research and Development Tax Relief Scheme.

Software Features

PDF to text extraction
Merge PDF Documents
PDF Document Encryption/Decryption
Lucene Search Engine Integration
Fill in form data FDF and XFDF
Create a PDF from a text file
Create images from PDF pages
Print a PDF

Research and Development

At PDFBox we continually strive to create a better product. This involves plenty of R & D (Research and Development) into better performing software and applications.

This helps us provide a fast and efficient performing code.

We now have a dedicated person within the team that purely focusses on R & D. With the help of our local government, tax laws introduced in 2010 allow us to reclaim losses as part of the standard tax return. The very same scheme has provide over 15 billion pounds of R & D Funding to UK small businesses alone. A great PDF guide on this can be found here. http://www.hmrc.gov.uk/gds/cird/attachments/rdsimpleguide.pdf

R&D tax credits have increased since being launched.

UK businesses can receive a 26% rebate on their R&D expenditure. This can also rise to 33% for loss-making businesses.

Software development activities similar to those of PDFBox are included under the ‘Information and Communication’ sector. And we therefore thank the government for their support with this. PDFBox would not be where it is today.

Some example projects which would be eligible for a claim..

• State-of- the-art software for new projects.

• Extensions to database software.

• Extensions to programming languages.

• Extensions to operating systems.

• New functionality for existing R&D projects.

• Tools to extend the functionality of software applications

• Tools to extend the functionality of an operating system.

• Software to run new computer hardware.

• Software to run on devices with pre-installed operating systems, such as handheld GPS, mobile phones, and tablets.

• Means of integrating hardware and software platforms.

• Software development tools.

• Novel data management techniques, such as new object representations and new data structures.

• Innovative methods of capturing, transmitting, manipulating, and protecting data.

 

What costs are eligible for R&D tax credits for software development?

• Software licence costs.

• Consumable items.

• Agency workers

• Staff costs

• Externally provided workers.

• Sub-contractors

• Freelance workers.

 

We hope this content helps our fellow software companies with their own Research and Development Tax Credit Claims.