In the critical dates in which we find ourselves, it is very important to understand how tax deductions for R & D & I work , since they are the ones that will allow us to deduct ourselves in Base Tax. That the company does not expect to invent blue milk or send a rocket to Mars, many times we find customers who do R + D + i and they themselves are not aware that they do it. The first step for the company is to know what it does R + D + i in order to take advantage of the battery of aid available in the national framework.
A change of trend has been observed in R & D & I incentive policies by the Spanish executive. After the debt crisis, the almost disappearing subsidies have been seen in the national aid map. By making an objective analysis, this approach is logical, since in the end a subsidy computes as a state deficit and subsequently increases the debt.
The R & D incentive policies have gone from, instead of entering money through a subsidy, not paying it thanks to the deduction associated with those expenses and this in turn has been enhanced.
There is legal coverage (based on Royal Decree 1432 ), which allows the company to obtain a legal guarantee from the Ministry of Finance, thanks to a binding report issued by the Ministry of Economy . At first there was fear for this type of deductions, since subjective facts are difficult to evaluate and thanks to this procedure the company saves the uncertainty associated with a possible inspection.
The amounts to be deducted per project (and that concept is key), are high. From 12% for Technological Innovation projects (the only country in Europe that gives priority to IT), up to an interval between 25-42% for R & D. From our experience we know that a project consists of R & D, IT and even some activities that are not R & D but that are necessary to execute the company’s purpose.
There are “extra” sections. For those companies that exclusively dedicate R & D personnel to 17% of the cost of this personnel, including Social Security Bonuses of 40% of the salary for common contingencies of people included in an R + D + i Unit . These two measures can even be complementary for companies that have the category of Innovative SME .
Imagine even having an R & D Department generating commercial value thanks to innovations made by them, but imagine that in addition that same department can benefit from this whole battery of tax aid at the same time and maximize it. It is the new concept of a 21st century company, ” Competitive innovation “. Do R & D in the most efficient way possible.