R&D Tax Credits
Brighton
Leading the way for scientific and technological breakthroughs in various fields such as advanced engineering and life sciences, Brighton is at the forefront as an innovative city. Whether your start-up business has recently developed a new technological advancement, or your large company (RDEC) has significantly improved an existing process – you could very well be eligible for claiming R&D tax credits.
We operate on a no-win no-fee basis and deliver exceptional value with a full service R&D tax consultancy that’s right for you and your business. As well as being fair on fees, our expert advisors are there to guide you through every step. We’ll support you all the way from your initial enquiry and benefit calculations through to the claims process and payment.
Get in touch with our R&D tax consultants based in Brighton today. Our experienced tax consultants have wide experience and knowledge in R&D tax claims. Get started with our FREE ASSESSMENT or to find out more about how you can claim R&D tax credits and how much you can claim, contact us today.
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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.
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.
Yes! Explore our claims calculator to discover how much an R&D claim might be worth for your company.
Normal company tax return deadlines for filing and amendments. The absolute deadline is that claims must be made within two years of the accounting period in which the R&D expenditure being claimed is incurred
There are two variants of the scheme large company (RDEC) and small company. Small companies that have received subsidies or grant funding may need to use the large company scheme.The small company’s scheme is much more beneficial – paying the company upwards of 19% (typically 24.75%, maximum 33.35% depending on taxable profit/loss) of qualifying R&D costs. The large company scheme typically benefits by just under 10% of R&D cost.
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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.
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