R&D Tax Credits

If you have undertaken work, either in-house or for a client, which involves creating new products, processes, knowledge, devices or services (or developing existing ones) then you may be eligible to claim R&D tax-credits. 

This generous relief supports all risk-taking companies whose work uses science or technology in order to overcome a limitation or problem. The benefit can be received in multiple ways depending upon your business’s tax position, either via a Corporation Tax reduction, payable credit, or increases in losses available. What’s more: you can still claim the credits even if your project was ultimately unsuccessful.

The R&D tax-credit legislation is purposefully broad in order to capture innovation in all sectors within companies of all sizes – you don’t have to be reinventing the wheel to qualify. Our clients have seen successful results delivered across a variety of industries, such as construction, print and packaging, software, food and beverage, engineering, manufacturing and many others.

R&D is a form of self-assessment. You do not need to work with an adviser to submit a claim, but doing so can hugely increase the robustness of your claim and optimise your claim value. R&D claim preparation is a technically demanding process, and advisers are key in helping companies quantify, support and maximise R&D claims. We have access to the technical knowledge, expertise and key relationships to make sure you receive the full amount of benefit you are entitled to.