top of page

RESEARCH & DEVELOPMENT TAX RELIEF

What is research and development tax relief?

Research & Development (R&D) tax relief is a government incentive designed to encourage innovation and technological advancement within businesses. 

It offers companies a way to recoup a portion of their R&D expenses by reducing their tax liability.

 

If a company is investing in projects that seek to advance science or technology through the resolution of scientific or technological uncertainties, they may be eligible for this relief.

 

By claiming R&D tax relief, businesses can reinvest those funds back into their R&D efforts, fueling further innovation and growth.

Be aware of the time limits

There are time limits involved in the R&D tax relief claim. We will manage the whole process, ensuring you keep to the time limits, but also identify if there are any opportunities to file a claim frrom a prior year.

Tax Relief on Qualifying Spend

In the UK, eligible costs for Research & Development (R&D) tax relief claims typically include:

​

- employee costs

​

- subcontractor costs

​

- consumables

​

- software

​

- prototyping and trial costs

​

- expenditure on R&D-related assets

​

However, it's not to say that all spend in your business will qualify. The application to HMRC requires detailed calculations on HMRC's and a report using HMRC's dedicated process. We manage that whole process for you.

bottom of page