R&D Tax Claims

This highly specialised area can deliver tax relief for companies that have products in research and development. We can identify whether a product will meet the criteria, submit a claim on your behalf and advise on the tax relief available.

Our team can help maximise the amount of tax relief you are able to claim through R&D relief or R&D tax credits.

If your business is spending money on research and development, we ensure that you receive your maximum R&D incentive, which stands up to HMRC enquiry. This could be by increasing tax deductible expenditure or claiming tax credits.

R&D projects must be seeking to achieve an advance in overall knowledge or capability in a field of science or technology in order to qualify for R&D tax relief. We help you to identify your qualifying activities and expenditure which can include:

  • Staff and salaries, employer’s NIC, pension contributions and reimbursed expenses.
  • Subcontractors and freelancers.
  • Materials and consumables that are transformed by the R&D process.
  • Some software.
  • Payments of clinical trials.

Your business needs to provide evidence to HMRC for how the project made an advance in the fields of science and technology by documenting:

  • The knowledge or capability that existed at the time the project started and which the company intended to advance
  • The scientific or technological uncertainties
  • How the project was able to overcome the uncertainties
  • Why the project could not otherwise be easily completed by a professional within your field.

We guide you through the full process from initial review, calculating the tax relief, submitting the additional information form to HMRC and submitting the claim and narrative to support the company corporation tax return.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01926 407611. Or if you would prefer, ask us a question online.

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The team are associated with a number of professional bodies which regulate their members to ensure clients receive high quality advice.

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