Clarity Incentives Platform
Discover how the Clarity Incentives Platform can be used to help navigate the R&D Tax Credit process
The key to ensuring your R&D Tax Credit claim is accurate and robust is the generation of contemporaneous documentation, that details the technical aspects and justifies the financial aspects. The Clarity Incentives Platform provides you the means to generate this documentation with ease.
What is the Clarity Incentives Platform?
Clarity is a comprehensive platform designed to provide organisations with the ability to track their Research and Development activities in real-time. This helps to overcome one of the biggest barriers for companies, particularly SMEs in claiming the tax credit, namely the administrative burden required to have confidence that the claim is accurate and reflective of the full year’s activities.
Moving from a reactive attitude to incentives to a proactive attitude helps companies to maximise the return on their R&D investment and can help identify qualifying activities earlier in the process, giving greater confidence that the required information is captured in a timely manner.
Key Benefits of Clarity
Organisations that implement the Clarity Incentives Platform can take advantage of the following:
Clarity provides real time tracking of all R&D activities, high-level costs and time logs. This means that organisations monitor how projects are progressing, where resources should be allocated, and what is the expected credit for each project.
Clarity has been designed to be simple to navigate, with minimal learning required to use the software. There is a hierarchy of user access within the system, meaning that the interface is tailored to the level of access a user requires.
While Clarity has been designed to track R&D projects, organisations can use its functionality to track other activities, such as routine work, or R&D for other purposes, such as grant applications. Clarity can work in tandem with existing project management systems as required.
