Eligibility for R&D tax credits varies, but generally, companies that invest in new products, services, people, resources, materials, software, and hard and soft assets are eligible. Our experts will help you identify where your business can be eligible for R&D tax credits.
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Research & development tax credits are a government incentive to reward companies for investing in innovation.
Qualify
R&D can take place in any sector. It is for companies that spend money developing new products, processes or services.
Experts
Our experts can estimate your R&D tax credit claim and see how much you could get back under the scheme.
Cash
Rewarding innovation and fuelling growth. Start your claim today and receive a cash payment or tax credits.
How R&D Tax Credits Work
Step 1
Apply Online
Step 2
Identify where R&D occured
Step 3
Start your claim
Step 4
Receive cash for your expenses
The R&D Tax Credit Scheme could reduce your corporation tax bill by around 33% of your R&D expenditure. Or receive a refund for overpaid tax.
What are R&D tax credits?
Research and development (R&D) tax credits is a government scheme designed to help UK companies who are investing in new ways to grow their business during challenging economic times. They are a valuable source of cash for businesses to invest in new products, services, materials, resources, people, software & much more.
What are R&D tax credits?
Research and development (R&D) tax credits is a government scheme designed to help UK companies who are investing in new ways to grow their business during challenging economic times. They are a valuable source of cash for businesses to invest in new products, services, materials, resources, people, software & much more.
Not sure if you're eligible?
Not sure if your research and development project counts as R&D or if your costs are eligible? Our team of R&D specialists are standing by to help your business. Book a consultation to talk through your claim and get straight answers to all of your questions.- Talk to us the way you want - Live chat, phone, email, video call
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FAQs about R&D Tax Credits
Can´t find the answer to your question below? Please send us a message.
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Who is eligible for R&D tax credits?
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What types of expenses can be claimed under R&D tax credits?
There is a broad scope of expenses that can be claimed under R&D tax credits, but generally, qualifying expenses include salaries, wages, and subcontractor fees paid to employees or contractors engaged in R&D activities, as well as the cost of materials, equipment, and software used in those activities.
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How do I claim R&D tax credits?
The process for claiming R&D tax credits is straightforward with Cavendish Capital, starts by completing a short application form. After this, our specialist team will determine where you are eligible to make a claim and how much you can expect to receive.
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Are R&D tax credits available to startups and small businesses?
Yes, R&D tax credit schemes are designed for startups, and small businesses, and are also open to some large companies. Generally, if your business turns over less than 100 million per year and has fewer than 500 staff you can be eligible for tax credits.
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How long does it take to receive R&D tax credits?
The length of time it takes to receive R&D tax credits varies and depends on a number of factors, including the complexity of the claim and the efficiency of the tax authorities. Once the application has been accepted you could receive your tax credit claim within a matter of weeks.
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Speak to a specialist in R&D Claims today. Get your questions answered and start your claim with ease.
01992 762 323
You invested in Research and Development (R&D). Let us help get your money back while this Government Approved Scheme lasts.
What our clients say
Working with Cavendish Capital has been an absolute pleasure. They were responsive, transparent, and provided us with excellent service from start to finish. We were impressed with their ability to identify eligible R&D innovations.
We were a bit apprehensive about claiming R&D tax credits, but Cavendish Capital made the process easy and stress-free. Their team took the time to understand our business and our unique R&D activities and provided us with a clear roadmap.
Cavendish Capital is hands down the best R&D tax credit company we've ever worked with. Their attention to detail, responsiveness, and overall expertise is unmatched.
We are a small startup with limited resources, so we were hesitant to take on the task of claiming R&D tax credits ourselves. Thankfully, we found Cavendish Capital, who made the process easy.
Cavendish Capital is a top-notch R&D tax credit company that has helped our business save thousands of dollars in taxes. Their team of experts is knowledgeable and professional.