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.

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.

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.

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.

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.