Tax-efficient R&D

Is your business carrying out research and development (R&D) or protecting intellectual property via patents? If so, you may be entitled to R&D tax credits.

What is R&D tax relief?

If your company is carrying out R&D, it could be eligible for generous R&D tax relief from expenses such as utilities, staff costs, consumables and even external contractor costs.

The UK government offers two schemes, one for small and medium enterprises (SMEs) and another for large firms.  

• SME scheme: For profitable SMEs, the benefit could be as high as 25% of the total expenditure. For loss-making SMEs, the result of a successful claim could be a cash payment of 33% of total expenditure.
• RDEC scheme: The RDEC (Research and Development Expenditure Credit) is designed for larger companies. It offers a less generous but still worthwhile 11% cash benefit, based on an indicative tax rate of 19%. 

What do we do?

We help companies access and maximise their entitlement to tax incentives. We provide all the necessary guidance and documentation needed for your company to make an R&D tax relief claim. Our consultants are always there to assist you, whatever the size of your company or the scale of your research and development.

Step 1:  We offer complementary and no obligation consultations to discuss what your business does and the R&D undertaken.

Step 2:  As appointed agents, we maximise the analysis of costs that qualify for relief and provide a robust and transparent assessment in line with HMRC guidance.

Who do we help?

We help companies from SMEs to large corporations take full advantage of the relevant R&D tax relief. We have advised businesses operating in sectors ranging from construction, engineering, IT, food and drink, health and life sciences, and even traditional manufacturers, on the opportunities available.