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Simply enter your email below to access your brochure to find out how to get the credit your company deserves and fuel it’s growth
R&D Tax Credits are a Government incentive designed to compensate UK companies for investing in R&D to improve the way they do business and overcome problems.
Eligible R&D Expenditure Revenue includes the following costs which can be included in your R&D claim: Staffing costs, Subcontracted R&D, Externally Provided Workers (EPWs), Consumables, Software, Payments to the subjects of clinical trials.
You might receive it as a cash payment, a Corporation Tax reduction, they carry forward or back of an enhanced loss or as a blend of these.
HMRC aim to make payment in 28 days
HMRC aims to process Research and Development (R&D) Tax Credit/Refund claims for SMEs within 28 days. However, the length of time it takes for HMRC to review an R&D Tax Credit/Refund claim will depend on the complexity of your structure and accounts, as well as the nature of the claim itself. It may also depend on what time of year your claim is submitted
Yes, an SME carrying out Research and Development (R&D) will usually be able to claim 65% of the costs paid to any subcontractor for qualifying activities.
We offer a no obligation 15-minute telephone conversation, so we can highlight areas of qualifying activity and the potential value of your claim.
