Research & Development Tax Relief
Has your company spent money developing a new product or software? Have you made any advances in science and/or technology? If so you could be eligible for Research & Development (R&D) uplift as high as 130% on your development expenses! Projects don’t have to succeed to claim.
We specialise in research and development tax relief – get in touch
What are R & D Tax Credits?
Research and Development (R&D) tax credits are an HMRC scheme designed to help support businesses that have spent money on innovative projects. Our specialist R&D tax credit advisors have helped companies easily access funds to invest back into their businesses!
With R&D Tax Credits – you can claim back up to 33% of the cost of your project. The average claim for an SME is £50,000 per year, and if you’ve done R&D in the past, you could claim for up to 3 years of work!
What is R & D?
You don’t have to be conducting white-coat scientific research. Any work where you’ve attempted to improve the extent of knowledge in your field could qualify.
That could include:
- developing a new product, process or service – or improving an existing one
- creating software products or tools
- testing changes to make your business more efficient
- trying to make your products or business greener
- trialling new business processes
- developing complex designs
- developing a new product
- construction of one-off housing or commercial facilities
- adapting machinery so it works better for your business
Who can claim?
Any limited company can claim R&D Tax Credits. We’ve worked with industries including:
- Manufacturing
- Engineering
- Construction
- Software development
- Cleaning and Hygiene
- Design and Fitting services
- IT and Marketing companies
- Agriculture, farming and forestry
- Car dealerships
- Printing companies
- Oil and Gas
How to claim?
R&D Tax Credits are a specialist area of tax. To ensure our clients get the best results – we work with an approved partner – Zest Tax.
Zest specialises in R&D Tax Credits. Claiming with them is quick and easy. They offer a no-win no-fee service, zero tie-ins and are 5* rated on google.
We specialise in research and development tax relief – get in touch
Contact us
Whatever your accounting needs, we can help. Contact us to get professional and experienced advice from our team.
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