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R&D Tax Credit Eligibility

The two key criteria in determining who is eligible for R&D tax credits are ‘innovation’ and ‘uncertainty’.

What expenditure is allowable?
If your company and the project both meet the necessary criteria, then it is possible to claim relief on revenue expenditure, and in some cases also capitalised revenue expenditure, across three main areas; staff costs (gross salary, employers NIC, pension contributions etc), subcontractors/freelancers and consumable items (i.e. heat, light & power, materials and equipment ‘used’ and/or ‘transformed’ by R&D process).

MCS-content-images_about Are we eligible for R&D tax credits?
Many business owners and finance departments will wonder ‘are we eligible for R&D tax credits?’ The answer is often yes.

If your company is taking a risk by innovating, improving or developing a process, product or service, then it can qualify for R&D tax credits. It’s rare to find a business where all of the R&D activity is transparent, neatly housed within easily identifiable job roles and functions.

We tend to find it’s more typical that R&D functions will be spread across numerous aspects of the organisation, with some individuals playing a far more active role. We often start by working with clients to identify the specific job roles within a business, and attributing a percentage of their time as qualifying R&D expenditure. It’s not uncommon for us to find a Web Developer, Systems Engineer, Technical Director, Product Designer or CEO that is more involved in day-to-day R&D activity than even a dedicated R&D Manager might be.

Ready to claim?
If you answered “yes” to any of the above questions you’re probably entitled to funding, so get in touch to find out just how much you may be due. If you’re unsure if you are entitled, feel free to get in touch anyway for an expert opinion.



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