Who is eligible for R&D Tax
Credits?

If your company decides to take a risk in any sort of development, where you are unsure of whether the outcome is achievable, then you will most likely qualify for R&D Tax Credits. If you’re making a claim for the first time, you can typically claim R&D tax relief for your last two completed accounting periods. The scope for R&D is huge-it can take place in any sector, so no matter what type of business you own, you may be eligible for R&D Tax Credits.

Get Your Guide

Key Benefits of
R&D Tax Credits?

QB Innovate provide self-employed accountant services to people all over the UK. We help the clients through the entire process; from registering to advising on tax allowable expenses and preparing & submitting their tax returns. We make it a simple and easy process for you.

  • All Business area All businesses ares are welcome to apply for R&D Tax Credits.
  • Not repayable The tax credits are an injection of cash for your business that you don’t have to repay.
  • Cash Injection R&D Tax Credits provide an essential source funding for many small, medium and large enterprises.
  • Boost Innovation R&D Tax Credits help encourage businesses to invest in R&D and innovation.
  • Economic Growth Every £1 spent on public R&D delivers approximately £7 of net economic benefit to the UK.
  • No minimum claim No Minimum spend requirements.All businesses can claim for any amount that you’ve spent on qualifying R&D project

Our Specialist Services to Business areas

year-end-accounts
Self Employed
Payroll Services
Management Accounts
Bookkeeping Services
Bookkeeping Services
Corporation Tax
R&D Tax Credit

What costs qualify for R&D tax credits?

Staff cost,including salaries, employer’s NIC and pension contributions Materials including heat, light and power that are used up during the R&D process Some types of software Payments to the of clinical trial subjects

Book Your Consultation