Countplus

R&D Tax Relief

Research and development are important aspects of businesses that are starting out or looking to grow. The government recognises this, and so R&D tax relief is available for many businesses. 

woman sitting on a calculator
laptop tax day

Am I eligible for R&D tax relief?

If you’re wondering whether you’re eligible for R&D tax relief, we’re here to guide you through it.

Generally, you’ll be eligible for R&D if you’re paying someone to solve some sort of technical problem. This could be through:

  • Developing important software that will benefit many people
  • Creating new products or improving on existing ones
  • Modifying a manufacturing process in some way to make improvements

Many people don’t even consider R&D tax relief, thinking it’s only for very specialised businesses. Others believe that there are just too many requirements, but you might be surprised.

That’s why we’re here to help. You could be eligible and entitled to huge savings.

How can Countplus help you save some money?

Here at Countplus, we have an ex-HMRC inspector to help you make any R&D tax relief claims. We will assess your potential eligibility and complete the process of claiming tax relief. Countplus will deal with HMRC for you on your behalf, so you barely even have to lift a finger.

How much tax could you save?

If you’re a SME incurring £100k of qualifying costs, you could potentially save yourself close to £25k in tax!

It’s well worth checking whether you’re eligible through our service. You can even claim back as far as two financial years, giving you the potential for even further savings.

You can obtain tax relief by either reducing taxable profits or creating tax losses that can be submitted to HMRC in return for a cash repayment. We’ll help you through it all and discuss what’s best for you.

Get in touch with Countplus today and we’ll work with you to check your eligibility.

laptop tax day

Would you like some Corporation Tax relief? Who wouldn’t?

Luckily, there is a scheme that could very well mean some tax relief for your business.

Research and Development (R&D) tax relief offers generous savings to businesses who take part in innovative activities.

Profit Calculator