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There is much confusion around claiming R&D tax credits, and many businesses miss out. Our specialists throughout the South West are here to help you understand if you qualify and can guide you through every step of your claim.

Research & Development

Are your activities eligible for R&D tax relief?

In many cases we’ve worked on, business owners have not considered that the business may have qualifying expenditure eligible for R&D tax relief. Often this couldn’t be further from the truth. Think back over the past two years and ask yourself, have I…

  • Looked for a more efficient or more effective solution.
  • Made improvements to an existing product or created a new product.
  • Investigated new methods or processes.
  • Trialled new computer code or materials.
  • Solved problems or overcame issues for customers.

If the answer is yes, the chances are you are probably eligible for R&D tax relief.

R&D qualifying expenditure

  • Employment costs
  • Reimbursed staff travel & subsistence on R&D projects
  • Externally Provided Workers
  • Payments to eligible thirds parties
  • Other subcontracted costs
  • Software
  • Consumables
  • Payments to subjects of Clinical Trials
  • Contributions to Independent Research
  • Costs of qualifying indirect activity
    • e.g. training, employment support services, research, information services

Examples of R&D qualifying activity

It isn’t possible for us to list all R&D qualifying expenditure activities that may be eligible for R&D tax relief, but to give you a flavour of the wide range of activities, here are some examples:

  • Bespoking software, overhauling IT or developing websites or CRM systems
  • Scientific or technological planning, design, testing, and analysis
  • Adaption of new or existing premises
  • Pursuit of quality management standards
  • Failed attempts to improve products or processes
  • Adaption of a product to enter new markets, particularly overseas
  • Contribution (e.g. testing, providing technical feedback) to R&D activity carried out by others

Activity in these areas can generate lucrative R&D tax reliefs for your business.

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Martin Gurney

Tax Partner - Swindon

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Matthew Bracher

Managing Director - Bristol

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David Park

Partner - Exeter

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Sally Reed

Partner – Launceston & Okehampton

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