Services

R&D and government incentives

Many countries, including Belgium, offer generous grants, R&D tax credits and R&D incentives in areas such as the digital economy, energy efficiency, environment, globalisation, innovation, sustainability and training. More than 30 countries also offer specific R&D tax incentives that apply to development activities related to manufacturing process improvements, production trials and software integration issues in addition to laboratory research.

Taking advantage of incentives creates an immediate cash benefit, often reducing effective tax rates and increasing EPS. During these turbulent times of economic crisis, it is important to benefit from the various grants and incentives programmes available to Belgian organisations performing R&D. The European Union deploys several such funding programmes in which Belgian organisations can take part, a.o. Horizon 2020 which will contribute 70 billions EUR funding for R&D activities during the next 6 years. Participation enables the funding of R&D and demonstration activities taking place within specific projects, most of which are performed within a consortium of industrial and academic partners. Participation benefits are numerous and could include: a reduction of operating expenditure; risk management in the development of new technologies for future products; access to new markets; and the development of long term business relations with customers, suppliers and technological partners.

Research and development claims preparation

Identifying eligible R&D activities and preparing robust supporting documentation is often unfamiliar territory for businesses who may not have the resources needed to complete the paperwork required to file a claim. Deloitte can assist with the whole process from scoping through document preparation and submission. Deloitte combines deep tax technical expertise with highly experienced scientists and engineers so that the multiple aspects of an incentive claim are understood and considered. We utilize technology based solutions worldwide to create a smooth process with increased transparency and to facilitate compliance with regulatory changes.

Government incentives application support

To take advantage of the grants, credits and incentives available to a business requires time and effort. Deloitte’s R&D and Government Incentives teams are highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission. Deloitte's knowledge and experience in this specialised area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.

Deloitte delivers R&D tax and government incentives services using the Incentives Insight methodology. It is powered by I Smart technology, streamlining and accelerating the gathering and processing of data and information needed to make informed business decisions.

To take advantage of the grants, credits and incentives available to a business requires time and effort. Deloitte’s R&D and Government Incentives teams are highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission. Deloitte's knowledge and experience in this specialized area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.

Deloitte delivers R&D and government incentives services using the Incentives Insight methodology. It is powered by I Smart technology, streamlining and accelerating the gathering and processing of data and information needed to make informed business decisions

To take advantage of the grants, credits and incentives available to a business requires time and effort. Deloitte’s R&D and Government Incentives teams are highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission. Deloitte's knowledge and experience in this specialized area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.

Deloitte delivers R&D and government incentives services using the Incentives Insight methodology. It is powered by I Smart technology, streamlining and accelerating the gathering and processing of data and information needed to make informed business decisions

To take advantage of the grants, credits and incentives available to a business requires time and effort. Deloitte’s R&D and Government Incentives teams are highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission. Deloitte's knowledge and experience in this specialized area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.

Deloitte delivers R&D and government incentives services using the Incentives Insight methodology. It is powered by I Smart technology, streamlining and accelerating the gathering and processing of data and information needed to make informed business decisions

Tax controversy related to R&D or government incentives

R&D claims and Government Incentive applications often receive intense regulatory scrutiny. Deloitte provides assistance in resolution of any such audits as well as support related to claims and information requests or objections from relevant government bodies. Our teams include former officials with various regulatory agencies who have an in depth understanding of the regulatory processes.

Intellectual property tax management

With a combination of IP and tax expertise, Deloitte's R&D and Government icentives teams are able to assist in determining the appropriate tax management for IP income. This includes calculating the proportion of income to which the 80% exemption provided by the Patent Income Deduction regime can apply and assisting in filing and obtaining advance ruling in this respect. Our IP specialists can also assist in identifying IP activities eligible to Patent Income Deduction and support IP protection.