What are R&D tax credits?

R&D stands for Research and Development. R&D tax credits are a government incentive designed to reward companies for investing in innovation. In short, any project that seeks an advancement in technology or improves an existing process, service or product will qualify for R&D. The project doesn’t even necessarily need to be successful for you to claim tax credits.

Valuable cash injection for businesses

Especially with the uncertainty and challenging times in recent years, many businesses are looking to update or diversify their products and services. In doing this, you will qualify for a cash injection in the form of tax credits. This can be used to refuel growth, hire new staff and re-invest in the innovation of your products and services, and once again be rewarded for your innovations.

£2,104,987.13 total relief obtained for clients

(figure updated every quarter)

What sets A4G apart?

We pride ourselves in only accepting valid claims and producing a report that clearly proves the validity of the claim to HMRC. We offer rates lower than the R&D “sharks” and will do all of the heavy lifting on making your claim, saving you time and money.

Access to a dedicated R&D specialist

You have the peace of mind that we know what we’re doing

Pricing tailored to your business 

Never pay more than you need to for our services. Pricing is tailored to your innovation and project

Jargon-free process 

The process can be a little overwhelming, but we’ll explain to you what’s happening every step of the way to ensure you understand

No win, no fee

If the R&D application is not successful, we will not charge you

How do R&D tax credits work?

Businesses that spend money on developing or improving new products, services or processes can claim either a cash payment or a Corporation Tax reduction, depending on if you are profit or loss making.

Projects which were completed up to two accounting periods ago are eligible.

Is my business eligible for R&D?

The scope for being eligible for R&D is huge. R&D exists in every single sector. The only eligibility you need to meet are, you must:

  • Be a limited company in the UK who are subject to corporation tax
  • Be a limited company as a member of an LLP
  • Have spent money on your R&D project

What costs qualify for R&D?

  • Your team who spent time working on the R&D project – Their salaries, wages, class 1 NIC and pension fund contributions
  • 65% of subcontractor costs
  • Software costs
  • Materials that are consumed in your process, such as water, fuel and power

Find out more about R&D tax credits

We’ve produced a dedicated R&D guide that explains in detail what R&D is, who qualifies, how you receive the tax credit and how our process works. Click the button below to read it.

Learn more