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Is my company eligible for an R&D tax claim?

If you’re wondering whether your business is eligible for an R&D tax claim, then take one step further and find out…

Our dedicated R&D Tax Team have over five years of experience in providing professional and exceptional Tax Relief services to many clients and accountancy practices. Our consultants have a superb working relationship with the R&D offices within HMRC and they will adequately agree and submit the quantum of the claim with HMRC.  We work on a contingent basis, so there is absolutely no financial risk to you and offer no minimum claim level, complete transparency and 100% success based fee structure.

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So, what are R&D Tax Credits?

R&D Tax Credits are a tax break situated by the UK Government for limited companies paying corporation tax. The R&D reliefs help a range of businesses that work on unconventional projects in sectors such as Science and Technology. For small to medium enterprises (SME’s) the R&D relief enables companies to take off an extra 130% of their qualifying costs from their annual profit, as well as the standard 100% deduction, giving you an overall total of 230% deduction. The costs that can be claimed include consumable items, staff costs, subcontractor costs and other overheads that are applicable to the R&D project. On the other hand, if you’re a loss making SME, you can still claim 14.5% cash credit into your bank and if your project was unsuccessful, there is still a possibility of making a claim on the losses made.

Are you eligible for R&D Tax Relief?

Most companies think that R&D tax claims are only limited to specific sectors, original ideas and completely new products, but that is not always true. The principle requirement for a successful R&D claim is if your business is undertaking work which directly makes a boost in human knowledge. If your business is taking a chance by enhancing, innovating or developing a process, service or product, then there is a high possibility of your business qualifying for R&D tax credits. Common sectors like Science and Technology are known to be  more beneficial in getting a tax credit, but Ad Valorem have proven to have successful claims in the following sectors:

  • Manufacturing
  • Energy & Renewables
  • Software
  • Food & Drink
  • Mechanical & Automotive Engineering
  • Electronics
  • Robotics
  • Digital Media
  • Health & Safety
  • Animation

Statistics show that the R&D Tax Relief Scheme has been existing for over 15 years and almost £2bn per year is currently being claimed. Ordinarily, SME’s are claiming £46,000 each per annum.

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How do I claim?

Our tax consultants will fill in all the necessary paperwork, make the claim through your company’s tax return and then submit an R&D tax claim report to HMRC for assessment.

Usually, the process can take as little as four weeks from initial meeting to receipt of confirmation from HMRC. There is also no minimum claim level and no requirement for a multi-year tie-in agreement.

Therefore, if you believe that your company may be eligible for R&D tax relief, then please let us know.


Duncan Bruce – Sales & Marketing Director

01908 219114

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Posted in: Innovation, SME Business, Staff - Tax Team, Tax