R&D Tax Credits Calculator | Green Jellyfish

R&D Tax Credits Calculator

Here’s a bright idea – find out if you are eligible for an R&D tax credit

Just 5% of eligible limited companies submit R&D claims, resulting in billions of pounds of unclaimed tax relief every year. We’re here to help you claim your share today. 

With the average claim for our SME clients being worth £32,409 – it’s worth checking your eligibility today.

businessman at a desk

Will your business qualify?

So many businesses engage in innovation every day but don’t realise that it falls under the R&D umbrella. They incorrectly assume these tax credits are the domain of lab coat companies.

That’s not the case, so it’s well worth checking if your organisation’s innovative activities qualify.

Use the calculator below to see how much your innovation is worth.

What is your current financial position?

Annually, how much do you spend on innovation?

Spend includes staff and consumable items (materials, electricity, component parts etc.)

£50,000


We estimate your claim to be worth:

£12,350

(This figure may vary depending on your actual reported figures)

Sample R&D calculations:

Profit-making SME with £50,000 innovation spend:

£50,000 x 130% Expenditure Enhancement = £65,000

£65,000 (Enhanced Expenditure Value) x 19% Corporation Tax = £12,350

Loss-making SME with £50,000 innovation spend:

£50,000 x 230% Expenditure Enhancement = £115,000

£115,000 (Enhanced Expenditure Value) x 14.5% R&D Surrender Rate = £16,675

Green Jellyfish is a company committed to helping businesses and succeed by being smarter about their finances.

R&D tax credits calculations

Making a successful claim:

Some businesses use their accountant to submit an R&D tax credit claim, however, R&D tax credits can be complicated and accountants often miss claimable expenses. Our specialist team work day-in, day-out on just R&D, ensuring that the maximum possible amount is claimed.

We know what HMRC are looking for, so we can ensure your claim is submitted accurately and successfully. We manage your claim from start to finish, dealing with HMRC on your behalf so you can relax and continue with the day-to-day running of your business.

We won’t charge you a penny for our services unless your claim is successful. We offer an all-inclusive service with no hidden charges. We can also backdate claims by two years, so you could be entitled to double refunds!

Arrange a call back

Please fill out your details below and member of our team will contact you promptly, or call us on 033 000 20010.

We will never share you data with any third parties, your data will only be used by us to process your claim.

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