Research and Development (R&D) Tax Incentives

A simple equation: research and development + claim = cash from HMRC.

By making a research and development (R&D) claim, an innovative company can either reduce its tax bill or make a claim to receive cash from HMRC.
We achieve for our clients an average tax benefit of twice the national average (per HMRC statistics).

5 reasons why businesses should make R&D claims

  • For a profitable company: to reduce its corporation tax bill
  • For a loss-making company: to claim cash from HMRC
  • To improve the company’s cash flow
  • To make the company’s balance sheet look healthier
  • To increase the company’s reserves

see our infographic

What is innovation?

Innovative business are not just:
  • Technology companies
  • Research focused companies e.g. pharma and biotechnical companies
  • Manufacturers
but also companies that:
  • Develop improved business data management systems
  • Develop software
  • Manufacture food and beverages
  • Develop renewable and environmental alternatives
  • Develop audio-visual and sensor-related technologies

What we do

Not just:
  • help you to identify R&D projects
  • prepare your R&D claims
  • deal with HMRC queries
But also:
  • review and replace your previously understated claims
  • help with setting up internal procedures to capture R&D data
  • help maximise the benefit from R&D tax losses

Research and development indicators

You develop new:
  • products, devices and components
  • manufacturing processes
  • software
You significantly improve existing:
  • products, devices and components
  • manufacturing processes
  • software
    [activate_filter] => 0
    [terms_query] => 0
    [hide_content] => 0
    [full_content] => 0
    [hide_dates] => 0
    [layout] => boxes_new
    [sticky] => 0
    [hide_links] => 0
    [hide_read_more] => 1
    [hide_title] => 0
    [hide_authors] => 1
    [hide_tags] => 0
    [hide_classes] => 0
    [hide_comments] => 1
    [show_yearcount] => 0
    [imgwidth] => 6
    [count] => 2

The UK Patent Box Gap: Companies are Missing Out

Tax | Corporate
Patent Box tax benefits are available to companies, with patented products (or processes) which they have developed, where they have opted into the Patent Box scheme.
17 Jan, 2018

Prosperity through technology in the post-Brexit era

The government have announced a number of measures to support innovative technology businesses.
22 Nov, 2017
Follow my company on LinkedInFollow me on TwitterWatch my channel on YouTube