R&D Tax Credits

Wolverhampton

Wolverhampton prides itself on nurturing innovative talents, ensuring that they can reach their full potential. For example, the University of Wolverhampton’s Science Park provides unrivalled learning facilities, as well as cutting-edge spaces for businesses to develop. The core industries in the city are engineering and manufacturing. Both these sectors are driven by innovation, seeking to develop new products and improve what is already there.

At R&D Tax, we can help businesses looking to develop new products. In fact, we have already helped hundreds of companies to claim R&D tax credits, which can be used to fund the outgoings that are needed when developing new ideas.

Whether your business is a start-up, SME or a large corporation, if you have recently developed new products, new processes or new software - or developed and improved existing ones - you could be eligible to claim R&D tax credits.

Simply contact our experienced team of tax consultants in Wolverhampton. We will help you identify if you are eligible to claim, what scheme you should claim under and how much you could benefit from.

We offer a full tax consultancy service on a no win. No fee basis. You can even get the ball rolling with a FREE ASSESSMENT to ensure you are eligible.

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.

Is an R&D tax credits claim worth it?

Yes, it is worth it! On average our clients have claimed over £103k each. Our consultants do everything they can do to make the claim process as easy as possible.

Can loss-making companies 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.