Research and Development (R&D) tax reliefs
Find out if you can claim Corporation Tax relief on your Research and Development (R&D) project.R&D

An R&D Tax relief claim enables a profitable company to gain valuable tax relief or a cash repayment of tax already paid, or loss making companies a cash R&D Tax credit.

R&D reliefs support companies that work on innovative projects in science and technology. It can be claimed by a range of companies that seek to research or develop an advance in their field. It can even be claimed on unsuccessful projects.

You may be able to claim Corporation Tax relief if your project meets the definition of R&D

Projects that count as R&D
The work that qualifies for R&D relief must be part of a specific project to make an advance in science or technology. It can’t be an advance within a social science like economics or a theoretical field like pure maths.

The project must relate to your company’s trade - either an existing one, or one that you intend to start up based on the results of the R&D.

To get R&D relief you need to explain how a project:

  • looked for an advance in science and technology
  • had to overcome uncertainty
  • tried to overcome this uncertainty
  • couldn’t be easily worked out by a professional in the field

Your project may research or develop a new process, product or service or improve on an existing one.

What we do

We create a robust methodology bespoke to you to calculate your R&D tax credit benefit, and assist clients in identifying, scoping and preparing R&D claims, which then become part of the tax computation and tax return submitted to HMRC.
If you would like to know more information on this service we offer please contact one of our dedicated team on 0113 2431506