R&D Tax Credits

Birmingham

Birmingham has the largest technology sector in the UK, outside London. There are over 3000 technology companies based in Birmingham, generating over £2bn for the local economy. Many of these companies are involved in developing new software, products or processes. This means they could be eligible for R&D tax credits, designed to support innovation in the technology sector.

At R&D Tax, we have helped hundreds of companies claim R&D tax credits, supporting innovative new projects. Whether your business is a start-up, an SME or a large multinational, you could potentially benefit from an R&D claim.

Whatever the size of your business, if you have recently developed new products or improved existing ones, you could be eligible for R&D tax credits.

Don’t miss out on potential funding. Our experienced tax consultants are on hand to guide you through the claims process, identifying what benefits are available and the schemes you should claim under.

Find out more

Does my project qualify?

The short answer is to contact us!

These 3 questions to help guide you on whether your project qualifies for R&D tax credits;

Does your company develop new products, processes, services or materials, or develop science and technology to enhance existing ones?
Does your company set out to achieve an advance in scientific or technological knowledge or capability?
Does your project involve and technical or scientific uncertainty that a professional in your field cannot readily resolve?

If your project can answer yes to all these questions then it’s worth investigating further if you have an R&D claim.

What costs can I claim?

Each ‘cost’ has specific rules around the correct treatment. However, some notable costs you can claim R&D credits include; staff costs, software, consumables and sub-contractors.

Which scheme should I claim under?

Yes! Explore our claims calculator to discover how much an R&D claim might be worth for your company.

Can loss-making companies make a claim?

Yes, under the SME scheme loss-making companies can claim and have the choice of either a payable R&D tax credit or carrying a loss forward.

What is R&D tax relief?

R&D Tax Relief is available to UK limited companies, using science or technology as part of an innovative process/product.

Get in touch with our regional consultants for a free assessment.

Our expert advisors have wide experience and knowledge in R&D tax claims. Get started today with our Free Assessment or find out more about how you can claim R&D tax credits, if your company is eligible, how much you can claim and much more.