R&D tax Credit Calculator
Fill in your Costs and see the results in realtime.
Many businesses don’t realise that they qualify. Any company in any industry could benefit from making a claim. Both Profitable and loss making companies could receive a tax credit to reward their innovation or development and enhancement of existing projects.
R&D expenditure can include software development, subcontractor costs, technical analysis , developing or enhancing manufacturing processes and hardware costs. There are many other areas of R & D that could also be included.
To see if you qualify, call us today on 0800 699 0765 or complete the form and we will call you back. Email us at email@example.com for more info
5 Minute Call
information we will need to validate your Claim
Fill in Basic Details
Review Your Claim
Report & Submission
Receive Your Award
Do I qualify for R&D tax Credits?
All LTD companies, whether they make a profit or loss, can qualify. They have to show that they have developed new products or processes, improved existing products by making them “better” in a measurable way, diversified into new markets by extending their product range or more generally, overcoming real world uncertainties they didn’t know the answer to.
Am I an SME?
For the purposes of R&D, an SME is a company that has a turnover of less than £90m, Assets of less than £78m and less than 500 staff.
How long does a R&D claim take?
HMRC online states they will process 95% of all claims within 28 days of receipt. From time to time they have back logs, but on the flip side, some claims take as little as 2 weeks. The average time for our clients to receive their awards is 31 days
Can you work with our existing accountants?
We have numerous accountants who use our services as a value add for their clients
How much work is required to make a claim?
We will request as much of the info needed during the first call and will contact you at the convenient times if we need more. We aim to publish reports within 5 days of the initial contact.