R&D Tax Credits
Nottingham
Research and development tax credits help support companies that are investing within research and development projects across the UK. Nottingham is renowned for being a city with innovation and creativity at its core. As well as having a strong presence in the digital and technology sectors, Nottingham is also recognised for its advances in food and beverages and life sciences.
If your company has recently paved the way for a new technological process or created an innovative product in a scientific field, there’s a high chance that your business is eligible for R&D tax relief! Discover how your business can benefit with advice and guidance from our expert tax consultants. Our consultants have a wealth of experience in delivering R&D tax credit claims.
Get in touch with our R&D tax consultants based in Nottingham 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!
Find out more
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.
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.
R&D Tax Relief is available to UK limited companies, using science or technology as part of an innovative process/product.
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.
The necessary but not sufficient condition for an R&D claim is this: Does the project work involve science or technology? Science is narrowly defined as hard science (Physics, Chemistry, Biology) and work in social sciences or economics for example, does not qualify. R&D can be commercially orientated but commercial aspects of a project like market research, compliance testing, patent applications, and sales and marketing don’t qualify.
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.
Your Regional Consultants
Alan Cook
Alan G. Cook
Kevin Bishop
Contact us today!
Our expert consultants are ready to help.