Research & Development Tax Relief and Credits

Research & Development Tax Relief and Credits photo

We and in association with a firm of experts who have over 13 years’ experience in processing R & D tax relief and credit claims globally, specialise in helping companies claim R & D tax relief and credits that they didn’t realise they were entitled to. Many claims are missed because companies do not appreciate the breadth of the definition of R & D for these purposes. Click here for R & D Key Information and click here for R & D Case Studies.

R & D tax relief and credits are applicable to companies that are creating new or improved products, developing new processes or duplicating existing products and processes in an appreciably improved way. 

Companies which meet the definition of a small or medium sized enterprise (SME) are entitled to a deduction from taxable profits of 225% of the qualifying costs incurred after 1 April 2012 (200% for costs incurred after 1 April 2011), while large companies are entitled to a 130% deduction.

SME's can also reclaim cash from HM Revenue & Customs where they have made a loss for tax purposes. This R & D tax credit can be worth up to 24.75p per £1 of qualifying expenditure and therefore can be very valuable to the loss making company.

The definition of R & D is contained in the guidelines issued by the Department for Business, Innovation and Skills and there are no restrictions on the type of company that can qualify for the relief.

If we can demonstrate that a company has overcome technical or scientific difficulties or it seeks to make a technological advance then a claim could potentially be made.

Ensure your business is entitled to claim R & D tax relief and credits and contact DPC Accountants today to arrange a meeting with a member of our team.

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help | powered by totalSOLUTION. © 2018 DPC Accountants. All rights reserved.
DPC Accountants, Vernon Road, Stoke-on-Trent, Staffordshire ST4 2QY

We use cookies on this website, you can find more information about cookies here.

DPC is a trading name of DPC Accountants Limited.
Registered in England No: 6296958 Registered office address: Vernon Road, Stoke-on-Trent, Staffordshire ST4 2QY.
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales. VAT number: 278 3402 46.
Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, and www.cro.ie for Ireland, under reference number C001640100.
In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurers are Liberty Mutual Insurance Europe Limited, 20 Fenchurch Street, London EC3M 3AN and International General Insurance Co Ltd, Forum House , 15-18 Lime Street, London EC3M 7AN. The territorial coverage is worldwide excluding professional business carried out from an office in the United States Of America or Canada and excludes any action for a claim brought in any court in the United States Of America or Canada.