If your client’s business is a startup or in its infancy, claiming R&D tax credits can be immensely beneficial. The significant financial benefit of R&D tax credit is invaluable for development. At this early stage, they might say they’re too busy to research claiming R&D tax credits. However, if your client is an SME or…

Finding out how much your client can claim through R&D tax credits can be difficult for many reasons. As a result, it makes sense to use an R&D tax credit calculator to give their claim an estimated worth. This will allow your client to get a preview of how much they will be saving by…

Often businesses are unaware that the projects they are working on qualify as R&D and thus allows them to claim R&D tax credits. They might be too preoccupied with the actual running of a business to investigate. They might not even be aware of the opportunity to claim R&D tax credits on their projects. These…

Claiming R&D tax credits is a huge financial boon for any business. With more time allowance and resources to level up their business, SMEs benefit most. However, the process of claiming R&D tax credit carries with it the risk of an audit by HMRC. Although R&D tax credits are still underutilised by companies, the number of applications…

If you want to get the most benefit for your client’s business through R&D tax credits, you have to maximise your claim. This will involve doing a lot of research and sometimes it’s difficult to even know where to start when preparing your application. It’s worth it to put in the time and effort though,…

10 or 20 years ago it was the norm for R&D tax credits to be reserved for companies focused on science. In particular, those eligible were in the pharmaceutical, technical and/or manufacturing sectors. The range of companies that can qualify for R&D tax credits is now an ever-expanding list, however. HMRC themselves say, ‘the scope…