R&D Claims
UK businesses investing in innovation and development may be eligible for substantial R&D tax relief. Following reforms to the R&D regime from April 2024, most companies now claim under the unified RDEC scheme. We prepare robust, compliant R&D claims that maximise your entitlement and stand up to HMRC scrutiny.
What are the benefits?
Corporation Tax Savings
Under the merged RDEC scheme (post-April 2024), qualifying companies receive a taxable credit of 20% of qualifying R&D expenditure, resulting in an effective benefit of approximately 15% after Corporation Tax. SMEs that are R&D intensive may qualify for enhanced credits.
Wide Range of Qualifying Activities
R&D relief is broader than many businesses realise. Qualifying activities include software development, product development, manufacturing process improvements, and overcoming technical uncertainties in any field of science or technology.
Cash Credit for Loss-Making Companies
R&D-intensive loss-making SMEs can claim a payable cash credit from HMRC, providing a valuable source of funding for businesses that are not yet profitable.
Protected Against HMRC Enquiry
HMRC has significantly increased scrutiny of R&D claims. We prepare detailed technical and financial reports that demonstrate the qualifying activities and expenditure, protecting your claim if challenged.
How can Zenus Tax help?
We assess your activities against the HMRC definition of qualifying R&D
We prepare a detailed technical report and financial schedule supporting the claim
We submit the claim through your Corporation Tax return
We handle any HMRC enquiries into the claim
Frequently Asked Questions
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