WHAT ARE R&D TAX CREDITS?

Research and Development Tax Credits is the Government’s way of promoting innovation.  It’s part of the European Union’s largest funding mechanism for businesses.

From 1 April 2015, for SMEs the tax relief on allowable R&D costs is 230% meaning for each £100 of qualifying costs, the income on which your Corporation Tax is paid, is reduced by an

additional £130 on top of the £100 spent.

ARE YOU ELIGIBLE?

If you're developing new systems, processes, products, materials or devices, you may be eligible for a tax relief. It's even applicable to failed projects!

Watch the R&D video and take our free audit or contact us to find out more.

INDUSTRIES

The following industries have seen a higher probability rate of receiving R&D tax credits.​

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• Automation

• Aerospace

• Finance/Insurance

• Biotechnology

• Electronics

• Energy

• Food/Drink

• IT/Software

• Manufacturing

• Mechanical Engineering

• Pharmaceuticals

• Telecommunications

OUR SERVICES

There are no up-front costs, and should we fail to identify a claim then we will not charge you a fee at all. 

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There is no charge made for submission so no surprises when it comes to your claim being filed with HM Revenue and Customs.

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All clients receive a 6-year report protection as part of this service. Please contact us for further information.

CASE STUDIES