R&D Tax Credits

In order to encourage and reward Research and Development, the UK Government introduced R&D Tax Credits in 2000, an incentive from HMRC aimed at advancing science and technology within UK companies. . R&D can be used across many sectors to improve products, processes and services or create new ones.

R&D Tax Credits reward innovation, risk taking, and research and development and can be backdated up to two financial years. Profit and loss-making companies of all sizes can claim up to 33% of their R&D expenditure, paid as either a reduction of corporation tax or a cash lump sum.


R&D Tax Credits are calculated based on enhancing expenditure for qualifying research and development projects. The claim is constructed from overhead costs associated with eligible R&D activities rather than capital expenditure and these include:

  • Staff wages and other related costs
  • Payments made to sub-contractors and external workers
  • The cost of materials consumed
  • Some software costs
  • Payments to clinical volunteers
  • Light, heat, power and other utility costs


Our team of expert consultants have senior level experience spanning decades and their specialisms cover a wide range of industry sectors. Since 2008, our experts have collectively filed over 3,000 claims with HMRC with a 100% success rate.

Our efficient service is aimed at maximising claim size to generate the best returns possible for each client. Our specialist team are there every step of the process and work with HRMC so our clients can use their time to focus on their business, not the claim