Reclaim corporation tax against R&D expenditure

The Government has set aside £2.3bn per year for companies that have undertaken Research & Development (R&D).

What Are R&D Tax Credits?

100% Record

R&D Tax Claim and its partners have been reclaiming tax for clients since 2017

What is eligible R&D activity?

If you are attempting to achieve an advancement in your industry you may be eligible

Qualifying Costs

You can claim back a percentage of the below costs, even if your R&D project failed.

  • The costs for each individual staff member who has worked directly on the R&D
  • The costs for any subcontractors hired to work directly on the R&D
  • The costs of any software required for the R&D
  • Consumables such as utility bills or wasted material costs that were consumed during the project
  • Qualifying Indirect Activities (ask us about this)

No Win - No Fee

We will only charge you a fee if your claim is successful, so there is no risk on your part.

Got Questions?

Frequently Asked Questions

Research and development (R&D) activity is generally technology-based but is not limited to the science and technology sectors. This could mean developing a completely new type of technology for use within your business or adapting an existing technology to meet your business needs. R&D can apply to any products/services your business offers, as well as any internal activities.

For the purposes of claiming R&D tax relief, any corporation tax refund tends to apply to actual time spent on R&D activity. The refund is calculated as a percentage of the salaries of staff who undertook the R&D activity. It is also possible to get a refund for a percentage of any relevant subcontractor fees. R&D tax relief can't be claimed back against dividends so this is something to bear in mind.

If you are attempting to achieve an advancement in your industry, including:

  • Developing new products, processes or services
  • Modifying existing products, processes or services
  • Attempting to overcome a scientific or technological uncertainty

Staff and sub-contractor costs - the costs for each individual staff member or sub-contractor who has worked directly on the R&D project/s.

Software costs - the costs of any software required for the project, particularly where new or innovative integrations are concerned.
Consumables - utility bills, wasted materials etc. Anything that was consumed or used during the R&D activity.

Qualifying Indirect Activities (QIA) - this covers anything you need to keep the business running smoothly while you undertake R&D activity. Our advisers will be able to help you figure this one out.

You can claim up to 33p for every £1 spent on eligible costs, depending on the size of your company and whether you are profit or loss-making.

Our average claim size is currently £35,000.

If your company has invested in R&D at some level, then it is probably eligible if you can answer yes to these questions:

  • Is your business is a limited company?
  • Do you have at least 1 years trading history?
  • Do you have at least 1 years filed accounts with Companies House?
  • Are you liable to pay corporation tax?

R&D Tax Claim will find out about your business first to get a better understanding of the research and development work undertaken by your business. This will only take half an hour or so and can be done over the phone.

We will then ask you for some specific information relating to the R&D undertaken and the estimated costs and then complete all of the relevant forms on your behalf.

After our initial discussion with you, the claim will take us around a couple of weeks to complete, depending how quickly you can get figures to us.

From there on, it can be as little as 4 to 6 weeks for the money to be back in your business. It really can be that quick. Submitting the right information first time obviously reduces the need for the HMRC to ask any questions and speeds up the process.

If you have an upcoming Corporation Tax bill, then the relief may be in the form of a reduction in this bill. If you have paid recently then the money will arrive in the bank account for your business.

We will charge you 20% of your successful claim. If your claim isn't successful we won't charge you anything.
We are happy to find out more about the sector you are in, so a quick chat is probably the best way forward, as all sectors are eligible. However, we are finding that a lot of eligible R&D is going on in Food & Drink, Science & Technology and Manufacturing & Engineering.

All sizes of business are eligible. There are two forms of R&D tax relief:

  • Small and medium sized enterprises (SME) R&D Relief
  • Research and Development Expenditure Credit

he first is for a business with fewer than 500 staff and a turnover of under 100 million Euros, while the latter is for larger companies. We help businesses of all sizes to understand their R&D tax eligibility and submit claims to HMRC.

Please note that we can only work with limited companies, not partnerships or sole traders.

You could probably manage your own claim but do you have the spare time and will you ever get round to it? And how do you make sure your paperwork is correct and you are claiming the full amount?

There is a time cost. Submitting an R&D tax claim isn't something you can rattle off in a few minutes. You will need to:

  • Read and understand the information on the HMRC website
  • Decide what R&D is in your business
  • Define the projects you have carried out
  • Separate the costs for R&D
  • Complete the form
  • Gather the supporting evidence

If you have little or no knowledge of the tax system, then this could take you a few weeks. But if you are busy, this may be a stretch to complete. The clock is ticking as you can only submit claims from the last 2 tax years in addition to the current one.

Using a specialist means that you have peace of mind that the R&D tax claim will work for you and your business. It gives you:

  • Peace of mind that you have a maximised claim
  • Security that someone else will deal with the HMRC on your behalf
  • Knowing that your claim will be far more likely to be accepted
  • Back up that the specialist will answer any questions and deal with an investigation, should that ever happen

Our partners are experts in their field and have a 100% claim record.

We work with many accountants and we find that they tend to fall into one of three categories when it comes to R&D tax credits:

  • They understand it well and can submit a strong claim for you
  • They understand it a little and might give your claim a go
  • They don't understand it at all and won't submit a claim for you

The HMRC are continually changing their definitions and criteria relating to research and development. This means a lot of work for your accountant to stay in touch with the latest developments. In certain industries such as software these changes happen often. This can make the difference between a successful claim and one that is rejected by HMRC.

We have an in-depth knowledge of R&D tax credits and how the system works. This means we leave no stone unturned when we are looking at your business and submitting a claim to the HMRC on your behalf. You get the very best service and a team of people who deal only with R&D tax claims every day of the week.

Obviously there is certain information that you need to supply us but we will do our best to minimise the amount of time you have to spend on your claim. We take the strain and deal with the stress of speaking to the tax man, so you don't have to. We have the knowledge and experience to submit your R&D tax claim and secure the cash for your business while you get on with what you do best - running your business.

R&D tax relief, we can make a claim not only for the current financial year, but for the two previous tax years in addition. If you have not made a claim for the last 2 tax years but carried out research and development activities, then you should look at getting all of your information together as quickly as possible. Once the deadline passes and the calendar reaches 6th April, you lose the right to be able to make that claim and put much needed cash back into the business. As with many things administered by the HMRC, these are strict rules and exceptions will not be made.

If you are unsure about your business eligibility then get in touch with us anyway - it's got to be worth a quick phone call.

Complete the short form on this website and we will be in touch at a convenient time.

Start Your Claim

Is my business eligible?

If your company has invested in R&D at some level, then it is probably eligible if you can answer yes to these questions:

  • Is your business is a limited company?
  • Do you have at least 1 years trading history?
  • Do you have at least 1 years filed accounts with Companies House?
  • Are you liable to pay corporation tax?
My business is eligible, what now?

Complete the short form below and one of our advisers will be in touch with you.

Ready to get started?

Fill in the form below to start your claim

What Others Say

Case Studies

A pet food manufacturer producing a revolutionary new dog food were experiencing a massive increase in demand and needed to expand their manufacturing capability quickly. They were also outsourcing manufacture and the purchase would enable them to have their own facility, as well as creating two local jobs. They were looking at a £50,000 spend and we helped them secure £18,000 of funding towards this.

As a specialist fire and security company a North Wales business were often asked to design new and innovative solutions to work in some very demanding situations. An example was a bespoke fire suppression system for a wind farm maintenance platform. We helped them draft and submit their claims, which helped them obtain a £28,000 saving and have a program for further relief going forward.
With a pending European exhibition, a bespoke medical bag company were looking to create a whole new marketing package for the show. This included a brand new high-tech exhibition stand, which was costing them £24,000. We helped them obtain £8000 and then further supported them to recover costs of their new production facility upgrade. The upgrade cost them £48,500 and we secured a further £17,000.