Ready to explore how R&D tax relief can benefit your business? We’re happy to answer any questions and help you navigate through every step of the process. Fill out the form below, and we’ll assist you in unlocking your business’s potential.
Our team combines deep expertise, innovation, and a commitment to exceptional client service. Get to know the professionals who make R&D Tax Relief straightforward and effective for businesses of all sizes.
Send us a message using the form above, or send us an email and we will get back to you shortly.
Have questions about R&D tax relief?
01.
What is R&D tax relief?
R&D Tax Relief is a government incentive aimed at encouraging UK companies to invest in innovation.
02.
Who qualifies for R&D tax relief?
UK based companies who work on innovative projects in a field of science/technology may be eligible for R&D Tax Relief.
03.
How do I apply for R&D tax relief?
UK companies apply for R&D tax relief by submitting a claim through their Corporation Tax return (CT600). Prior to submitting an R&D claim companies must submit an Additional Information Form(AIF) explaining the qualifying R&D activities and associated costs.
04.
What expenses can I claim?
Companies can claim against their staff costs, subcontractor costs, agency staff costs, consumable costs, software license costs and payments to the subjects of clinical trials.
05.
How much tax relief can I receive?
This is dependent on which scheme you are claiming under as well as your financial year end but could be up to 33.35% of eligible expenditure.