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Research & Development

  • Research & Development

Research & Development

  • Your company or organisation can claim for R&D Relief if an R&D project seeks to achieve an advance in overall knowledge or capability in a field of science or technology through the resolution of scientific or technological uncertainty. R & D relief is very generous where you can claim 200% relief for a qualified expenditure. However you must fulfil the following conditions:
  • it must be related to your company or organisation's trade - either an existing one, or one that you intend to start up based on the results of the R&D
  • if your company or organisation is claiming relief under the SME Scheme, it must own any intellectual property that might arise from the project
  • Though the relief is very generous and you can claim cash back from HMRC, the procedures are complicated. Simply talk to us and we will take care of those legal complication which will enable you to successfully claim the R & D relief.

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