Innovation drives growth and the Government rewards it. If your business is developing new products, processes or services, or enhancing existing ones through technological or scientific advancement, you could be entitled to valuable R&D tax relief.
Our R&D specialists help companies across Bath, Bristol, London, Taunton and Yeovil identify qualifying activities, prepare robust claims and secure the relief they deserve.
Who can claim?
R&D tax relief is available to UK limited companies subject to Corporation Tax that have invested in qualifying research and development activities.
The scope is broad, covering innovation in almost every sector, from manufacturing and engineering to software development and digital technology.
How it benefits your business
R&D tax relief can make a significant difference to your company’s cash flow and profitability. Depending on your size and financial position, you could:
- Claim enhanced Corporation Tax relief on qualifying R&D expenditure
- Receive a payable tax credit spent on eligible R&D if your company is loss-making
- Improve cash flow to reinvest in further innovation and growth
Working closely with you our experienced team will:
- Assess your projects to identify eligible R&D activities
- Compile and substantiate your claim with the right evidence
- Liaise directly with HMRC to ensure accuracy and efficiency
- Help you avoid common pitfalls and HMRC challenges
