R&D Tax Credits

Newcastle

Newcastle has the fastest growing digital sector in the UK, excluding London. This is supported by a highly skilled student population. Infact, Newcastle University is rated first in the UK for the impact of its Computer science research. Aside from the digital sector, Newcastle also has thriving industries, such as medical science and renewable energy. These sectors particularly are driven by innovation, and could benefit from R&D tax credits.

At RandD Tax, we have helped hundreds of businesses maximise their investment in product development by claiming for R&D tax credits. If your company creates new products, improves existing ones or develops new processes, you could be eligible for R&D tax credits.

We have an experienced team of R&D tax consultants in Newcastle, who have the skills and knowledge required to guide you through the tax credit process. We will identify what you can claim for, how much you will benefit from and process the claim from beginning to your payment.

As part of our full R&D tax consultancy service, we offer a FREE ASSESSMENT, to ensure you are eligible to claim. We also operate on a no win, no fee basis.

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.

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.

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.

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.