Research and development tax credits

An R&D folder with papers underneath

Research and development (R&D) tax credits are a form of tax relief that rewards UK companies for investing in innovation.

Despite a significant increase in the number of SMEs claiming relief via the government’s R&D tax incentive over recent years, many businesses still fail to make use of R&D tax credits.

Profitable companies can recoup up to 26% of qualifying R&D costs, and loss making businesses can receive up to 33.35% of their qualifying expenditure. With the possibility to recoup staff costs as well as subcontractor, consumables (heat, light and power) and software costs, the average SME receives over £54,000 in relief annually.  

How can we help?

Our partners ForrestBrown will help you to maximise the level of R&D tax relief available to you. They will work with you understand your business, identify qualifying R&D activities, and will quantify the costs to maximise the ultimate claim value. 

Cost

You are only charged a fee once a cash payment and/or corporation tax saving has been generated. The claim process doesn’t cost you anything until your claim has been approved by HMRC and you’re in receipt of your benefit.  

How to get started

To discuss your businesses’ eligibility or for a confidential discussion about a previous claim, contact us today.

  • Explore your R&D claim potential

    Our specialists will help you make sense of R&D tax credits and will guide you through the claim process.

  • Have a question?

    Find out how we can help with your R&D tax relief potential, call today 01275 373 373.

  • ForrestBrown have a 100% success rate for making R&D tax credit claims

    Resulting in tens of millions of pounds of tax relief for clients