R&D Tax Relief is only for companies with laboratories
While companies involved in basic research are prime candidates for R&D Tax Credits, the relief is all about encouraging applied science – solving a customer’s problem or a production issue using known scientific and/or technical principles. This means problem-solving on the shop floor, in the field, on the site, behind a computer – all of which may qualify for R&D Tax Relief!
You can claim R&D tax credits for any eligible Research and Development project whether it was successful or not. This scheme after all is supposed to encourage risk-taking and innovation allowing businesses to re-invest into new projects by using this scheme.
You can only claim on successful projects
You Are Only Able To Claim On The Current Financial Year
You can claim up to two years from your current financial year-end. So, if your current financial year ends soon, enquire before you lose out on a potential year’s worth of a claim! To find out how much you could be eligible for, use our R&D calculator – It takes less than 30 seconds to get an estimate!
It is true that some grants can make it difficult to claim, but, it isn’t impossible. We have helped many businesses with claiming R&D tax relief, so it is always worth finding out.
You are unable to claim if you have had other grants
Claiming from HMRC is too complicated
It isn’t exactly rocket science to submit a claim from HMRC, but at the same time, it also isn’t very easy either. Our Specialists know exactly what to claim for and which industries can claim. We will handle the claims process for you from start to finish, so you can rest assured knowing you’re getting the maximum claim possible for your innovations. Contact one of our experts today to find out more.