R&D Tax Credits

For Founders, By Founders

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What are R&D Tax Credits

If you are an innovative business you can get cash back from HMRC thanks to R&D Tax Credits.

R&D Tax Reliefs are a scheme put in place by the UK Government which allows SMEs to reclaim up to 33% of the amount they’ve spent on Research and Development – even if you make a loss.

The average SME claim in the UK is £45k.

DOES YOUR COMPANY QUALIFY FOR R&D CREDITS?

  • <500 Employees and <$100M Turnover

Or…

  • <$86M Assets

What Qualifies as R&D Activity

You need to prove to HMRC that your project achieved a technical or scientific advance by overcoming an uncertainty that other professionals in the field could not easily work out.

HMRC’s guidelines include a very wide range of technical advancements.
Receiving grants can limit the amount of R&D credit you receive and your eligibility for the SME scheme.

How we can help you

We can help you get these benefits by identifying qualifying costs, preparing a robust report and submitting it to HMRC.

What costs can you claim as R&D?

  • Cost of Staffing
  • Subcontracted R&D
  • Consumable Items
  • Software Tools
  • External Workforce

Try the R&D Tax Credits CalculatoR

Don’t miss out on the opportunity to recoup some of your investment costs from HMRC.

It’s simple, Just click on the appropriate boxes and then use the slider to set your estimatedR &D spend.

The calculator will automatically show how much you could be eligible to claim.



SMEs have fewer than 500 staff and either turnover <€100m or gross assets <€86m


250,000

How does it work?

Step 1.

Request a Call. Fill in the form and a team member will get in touch to learn more about your business and what it needs.

Step 2.

We identify the qualifying costs of your R&D activity and use these to prepare a detailed report to submit to HMRC.

Step 3.

We liaise with HMRC and respond to any query they might have, making sure that your claim is successful.

Step 4.

We apply a 10% success based fee so if the claim is not approved you don’t incur any costs. Also, there are no upfront costs – you only pay us when you have received the rebate from HMRC.