R&D Tax Credits Calculator
On this page, you can calculate the value of your Research & Development tax credits claim. If you spend money creating or improving products or services, you’re probably eligible for an innovation tax refund.
Calculate how much your research and development claim could be worth by using our R&D tax credits calculator.
Claim Value Estimation:
£12,350
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
Will your business qualify?
So many businesses engage in innovation every day but don’t realise that this qualifies them for substantial tax relief. They wrongly assume that R&D tax credits are exclusive to lab coat companies. This simply isn’t the case, so it’s well worth checking your eligibility and calculating how much a successful claim is worth to you.
At Green Jellyfish, our mission is to help businesses thrive by maximising the R&D claim value for their innovations.
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.
Our specialist team 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!
Get in touch
Let’s talk about your R&D Claim