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R&D Tax in Chemicals The chemical industry is one of the main industrial pillars of the Belgian economy. With a market of approximately €65 billion in 2018, Belgium is known worldwide for its technical expertise, operational excellence and unique network. Polymers, pharmaceuticals, inorganic chemicals, and natural gas are some of the chemistry fields in the Belgian industrial landscape that have the potential to be eligible for R&D incentives. It is estimated that as much as €4.5 billion was invested in R&D by those companies just in 2018. The government has understood the importance of such investments to keep Belgium a globally recognized nerve centre in the field of chemistry and has consequently set a number of financial incentives to contribute to this R&D effort.
At Leyton, we use our innovation funding expertise to deliver tax relief claims leveraging as an end-to-end service. We follow up with our clients throughout the entire procedure which means that we provide full project management, starting at initial screening engagement and ending with receiving the benefit. Our tax experts have a wealth of experience working with businesses to help them add value to their business through the R&D incentives tax credit programme. These tax experts will combine both elements – both technical and financial reports – enabling your company to successfully benefit from the tax advantages provided by the government.
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Years of Experience
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