Learn more about R&D

Our award-winning team are experts 
in R&D and can help you to make a claim

What is Research & Development (R&D) Tax Relief? —

R&D Tax Relief is a HMRC corporation tax incentive designed to encourage and reward companies of all sizes and all sectors who are engaged in innovation. The advantage of making a claim is a cash benefit to the company which can be as much as 33% of the qualifying expenditure identified.
 
There is a common misconception that only companies with teams in white lab coats will qualify however this is far from reality. Regardless of sector; if a company is spending money on research and development then they may be eligible to claim R&D Tax Relief. CBTax support thousands of companies across the UK, covering all sectors in making successful claims. Our experienced team can identify whether a claim could be possible that could fuel your desired growth plans whether this is to support further innovation, purchasing an asset or profit extraction.

Our Process —

Our claim process is designed to be as efficient as possible, reducing the time you need to invest into making the claim so you can do what you do best; running your business.

The team at CBTax have worked with HMRC for many years, we know what they need to see to understand your innovative activities and ultimately process your claim – this is why we have a 100% success rate. Our approach is robust, proactive and we deliver.

Which R&D Tax Relief scheme does my company qualify for? —

There are two R&D Tax Relief schemes. The scheme applicable will depend on whether the business is an SME or a large company.

SME Criteria

  • Less than 500 staff;
  • Not more than €100m turnover;
  • Not more than €86m gross assets.

Large Company Criteria

  • 500 staff or more; and either
  • More than €100m turnover; or
  • More than €86m gross assets.

Most companies will fall under the SME criteria. There will also be instances where a company is transitioning between an SME and large company. Our specialist team of Chartered Tax Advisers will clarify this with clients during our initial meetings.

FAQs

Check out some of our frequently asked questions below —

What qualifies as R&D expenditure?

How far back can I make a claim for R&D Tax Relief?

Can I submit a claim by myself?

My accountant says they could make the claim for me?

My company is loss making, can I still make a claim?

Why use CBTax?

Make a claim —

Call our team today 
to arrange your free consultation.