SMEs can claim up to 33p for every £1 spent on qualifying R&D expenditure, or up to 11p for every £1 spent for large companies
R&D can take place in businesses of any size or sector and the scheme is open to all UK limited companies
You could be eligible to claim by creating or improving products, processes, services, devices or knowledge
This cash boost could be used to reward staff, grow your team or fuel your next project
The governing legislation is purposefully broad in order to capture innovation across all sectors, from construction to food, to energy to insurance – the scope is huge. Your projects needn’t have been ultimately successful or commercially realised, and you can also claim for work undertaken on behalf of a client as well as your own projects.
There are a number of cost categories you can claim against which make up your claim value. Our experts can work with you to identify these within your business. They include:
Salaries, Employer’s National Insurance and Pension contributions, Reimbursed Travel Expenses
Software partly or wholly used to facilitate R&D activities
Cost of hiring external or contracted staff to work on R&D projects
Items that are consumed during R&D activities, including materials and prototypes
Take our simple test to determine what innovation funding options are available to you and how likely you are to be eligible for each. Many of the different innovation schemes complement each other, with R&D tax credits usually offering the most generous benefit.
Since the beginning, our focus has been on providing businesses with the best possible R&D claims service. Our clients come from a wide variety of sectors, and they love us for what we do.
Managing Director
