--- title: "R&D Technical Narrative: Company & Industry Description" description: Information on the Technical Narrative section about the Company & Industry Description --- [Skip to content](https://help.seedlegals.com/en/5138065-r-d-technical-narrative-company-description#main-content) English Show submenu for translations ![special-case-sl-logo.png\]](https://help.seedlegals.com/hs-fs/hubfs/special-case-sl-logo.png?width=165&height=18&name=special-case-sl-logo.png) - [Blog](https://seedlegals.com/resources/?nr=1) Open main navigation Close main navigation - [Blog](https://seedlegals.com/resources/?nr=1) - English Show submenu for translations - [Home](https://seedlegals.com/) [Home](https://seedlegals.com/) How can we help? - There are no suggestions because the search field is empty. 1. [Help Centre (UK)](https://help.seedlegals.com/en?hsLang=en) 2. [R&D Tax Credits](https://help.seedlegals.com/en/rd-tax-credits?hsLang=en) # R&D Technical Narrative: Company & Industry Description ## Information on the Technical Narrative section about the Company & Industry Description In the Company & Industry Description section, you’ll need to give a brief description of the history of the company including the following: - What the company does - Which industry does the company primarily operate in - Authorised Officer(s) - Competent Professionals - Whether any of your company expenditure is a result of qualifying indirect activities ? - Whether all of your qualifying expenditure related to R&D activity in the UK - What was your company's total expenditure for this financial year ### **Guidance on the Company & Industry Description** ### ***Please write a short description of your company specialisation, the aims and objectives of your company*** Example: Company A is a software development studio, specialised in developing imaging tools for the industry. The company aims to use innovative tools and techniques to extend the capabilities of the industry as a whole. ### ***Who is the Authorised Officer*** Each claim needs to be endorsed by a named senior officer of the company. This could be a CEO, CTO, CFO, director, founder or general manager. Add all names that apply. ### ***Competent Professionals*** Here, you need to include the details of the main technical staff involved with the project. Ideally these should be employees, but a subcontractor may be used. For example, if your project involves software development, please include the software developers involved in your R&D project.  ### ***Qualifying Indirect Activities*** HMRC has listed a number of specific categories which indirectly support your R&D project, namely:  1. *scientific and technical information services, insofar as they are conducted for the purpose of R&D support (such as the preparation of the original report of R&D findings);* 2. *indirect supporting activities such as maintenance, security, administration and clerical activities, and finance and personnel activities, insofar as undertaken for R&D;* 3. *ancillary activities essential to the undertaking of R&D (e.g. taking on and paying staff, leasing laboratories and maintaining research and development equipment including computers used for R&D purposes);* 4. *training required to directly support an R&D project;* 5. *research by students and researchers carried out at universities;* 6. *research (including related data collection) to devise new scientific or technological testing, survey, or sampling methods, where this research is not R&D in its own right; and* 7. *feasibility studies to inform the strategic direction of a specific R&D activity.* If any of these apply for your project, please specify which of these were.  ### ***Qualifying expenditure in the UK.*** Here you need to confirm whether all of your R&D qualifying expenditure was carried out in the UK or whether you had international subcontractors/externally provided workers.  ### ***Your company’s total expenditure*** Your total spend is all your outgoings, which can be found in your profit and loss account. For indication, this would be the line in your P&L called "Total Administrative Costs".  Need more help? 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