Education Technology Companies
Companies that work in the education technology (EdTech) space are able to claim R&D tax credits for performing qualifying research activities with the intention of creating or enhancing the learning experience.
Due to the rapidly increasing price of education, Edtech companies are offsetting the costs spent on creating innovative technology with R&D tax credits.
Qualifying activities include
- Developing educational programs
- Developing new technologies
- E-learning websites
- Digital assessments