R&D Services

R&D Tax Credits

Research & Development Tax Credits in UK allow businesses to receive a corporation tax deduction or cash payment from HMRC for costs incurred in developing products, processes, software, or services. Our task at Enhance Consultants is to ensure your R&D tax credits is fully maximized

Is your business registered for Corporation Tax in the UK or are you a partnership with corporate owners?

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What are R&D Tax Credits?

The research & development (R&D) tax credit is designed to encourage innovation and increase spending on R&D activities for companies operating in the UK.

It’s one of the UK government’s top incentives for encouraging investment in research and development and allows up to 33.35% of a company’s R&D spend to be recovered either as a reduction in Corporation Tax or a cash repayment.

As of 30 June 2020, £5.3bn of R&D tax relief support has been claimed for 2018-19, corresponding to £35.3bn of R&D expenditure!

Who is eligible for R&D Tax Credits?

Any Company in any industry may be eligible for R&D Tax Credits.

To meet the requirements, the company must have undertaken qualifying research and development activities.

These include:

  • Creating new products, processes or services.
  • Changing or modifying an existing product or service.

You will qualify for R&D tax credits if your company takes a risk by innovating, improving, or developing a process, product, or service.

A good assessment of whether the work undertaken qualifies as research and development is whether your team faced uncertain outcomes anytime whilst working on the project.

That means that your team did not know from the outset whether a particular outcome was achievable.

If you can show that your project goes beyond simply applying existing technologies, then you may be eligible to make a claim.


Is my business eligible for R&D tax credits?

To benefit from R&D tax incentives, you must:

  • Be a limited company in the UK that is subject to Corporation Tax.
  • Have carried out qualifying research and development activities.
  • Have spent money on these projects.

R&D can take place in any sector. It occurs in everything from cheese-making to Chemical Engineering, and Construction to Digital Development.

What are the key benefits of R&D Tax Credits?

R&D tax credits can be a valuable form of financial support for all businesses. In addition, it is helping businesses across all sectors in the UK develop some of the world’s leading products, processes and services

Cash Injection

R&D Tax Credits are an important non-repayable source of capital for many small, medium, and large businesses

Boost Innovation

R&D tax credits encourage businesses to invest in research and development & innovation

Economic Growth

Every £1 invested on public R&D generates around £7 in net economic gain to the UK and unlocks £1.40 in private R&D investment


R&D Tax Credits assist to place the UK at the forefront of global R&D and innovation.


What Our Clients Say!

What costs qualify for R&D tax credits?

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    Staff, including salaries, employer’s NIC, pension contributions and reimbursed expenses
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    Subcontractors and freelancers. Materials and consumables including heat, light and power that are used up or transformed by the R&D process
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    Software use
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    Any others

Adding value to your business

We use a rigorous, continually-improving process to deliver R&D tax credit claims that are fully maximized and stand up to HMRC scrutiny. We’d love to find out more about your business and discuss how we might be able to help.