Research and Development Tax Consulting

To encourage innovation, the government has been offering generous tax reliefs for companies engaged in research and development (R&D) for several years now. 

Often an assumption is made that only companies such as scientific or medical research companies are eligible. However, these tax incentives in fact potentially apply to a very broad range of activities and you may well qualify.

Our R&D Consultants get to know your business operations, how you are innovating and work with you to prepare R&D claims and much more: 

If your company is engaged in projects which seek to achieve an advance in overall knowledge or capability in a certain field of science or technology, then you could be classed as being engaged in R&D activity.

Additionally, you do have to be able to demonstrate that the advancement was not readily deductible by any competent professional in the field. In practical terms, a broad range of activities could be included. Some examples are:

The types of costs that can qualify for R&D tax incentives include:

If you would like to know more about whether R&D tax credits are right for your business, visit our article which explains in depth the criteria for eligibility for R&D tax credits.