Experts in Innovation

Making a claim

If you are spending money and time developing new products, processes or services, or enhancing existing ones, you are eligible for R&D tax relief.

Qualifying activity

If you are spending money and time developing new products, processes or services, or enhancing existing ones, you are eligible for R&D tax relief.  You will probably be trying to solve a problem where no solution is evident.  The scope for identifying R&D is huge, it exists in every single sector.  If your company is trying to resolve technological uncertainties, then you are likely carrying out R&D qualifying activity.

Sectors we coverlady on desk with man gesticulating

R&D tax relief

HMRC Research & Development (R&D) Tax Credits/Refunds are a Government incentive introduced under the previous Labour Government and are still in place under the current Government. This valuable source of funds helps companies to grow, continue to innovate and invest in Research & Development. R&D incentives can transform your company and if you are making a claim for the first time, you will be able to claim for the previous two financial years.

‘R&D will be critical to a swift economic and social recovery from the impacts of COVID-19, for a greener, healthier and more resilient UK.’

Is my business eligible?

The good news is that 95% of all UK Companies are eligible.  To benefit from R&D Tax Credits, you must fit the following criteria:

  • Be a limited company in the UK that is subject to Corporation Tax
  • Have carried out qualifying Research and Development activities
  • Have spent money on these projects

HMRC’s Research and Development (R&D) tax relief can take place in any sector. It occurs in everything from cheese-making to product engineering and construction to software development.

Sectors we cover

Small to Medium Enterprises (SME) are able to claim up to 33p for every £1 spent on qualifying R&D activities. The average claim by SMEs in the UK is £60,000. Large companies are able to claim 11p for every pound of qualifying activity.  No matter what size your company is, there is a claim if you are eligible.

SEAMLESS SERVICE

Creating growth through innovation

We offer a seamless service and will take care of every single part of the claim from the moment you engage with us. There are four simple steps to make a claim.

Step 1

Discovery and assessment

Step 2

Analysis and documentation

Step 3

Approval and submission

Step 4

Completion and payment

The average claim preparation will take no longer than 4 weeks and HMRC aim to make payment in 28 days, with only 6 to 7 hours of your company's time needed to complete the claim

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Sectors we help innovate

Successful claims across all sectors

fuel your company’s growth

Easy claim calculator

Our expert R&D tax specialists help companies across all sectors receive millions of pounds every month to reinvest back into their business.

Most companies even startups fall into this category and can claim up to 33p for every pound spent on R&D

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Questions

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