Your trusted adviser for R&D Tax Credits and R&D Grants
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R&D Tax Credits Calculator

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Calculate your potential R&D tax credit claim

Enter your details below for an instant result

What is your annual R&D costs on staff, software & consumable items?

What is this? Staff costs (including gross pay, employer NI and company pension), expensed software licences, and consumable items like components, power, heat or other utilities used in the R&D process can be included. Include only the portion of the invoice which relates to R&D activities. For example, if a staff member spends 50% of their time on R&D, include only 50% of their salary costs.

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What is your annual expenditure on R&D activities contracted to a University or Institute of Higher Education?

What is this? Expenditure on R&D activities contracted to a University or Institute of Higher Education can be included. They are subject to a cap of either 15% of your own in-house R&D expenditure, or €100,000, whichever is greater (this cap is applied within the calculation). Include only the portion of the invoice which relates to R&D activities.

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What is your annual expenditure on agency workers & subcontractors?

What is this? Expenditure on unconnected subcontractors who are involved with R&D activities can be included. They are subject to a cap of either 15% of your own in-house R&D expenditure, or €100,000, whichever is greater (this cap is applied within the calculation). Agency staff should be included in this category. Externally provided workers work under your control but are sourced and maintained through a third-party agency. Connected subcontractors or agency staff (i.e., in the same group, or controlled by the same people) cannot be included. Include only the portion of the invoice which relates to R&D activities. For example, if a subcontractor spends 50% of their time on R&D, include only 50% of their invoice.

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What is your annual expenditure on buildings, plant and machinery for R&D?

What is this? Expenditure on the construction or refurbishment of a building, plant and machinery used for R&D activities may qualify if they qualify for Industrial Buildings Allowances for buildings or capital allowances for plant and machinery. For buildings to qualify, at least 35% of the building’s activities must be R&D for at least 4 years. Include only the expenditure which relates to R&D. For example, if 50% of the building is used for R&D, only 50% of the cost can be included.

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Our R&D tax credit calculator

Our R&D tax credits calculator only gives a rough estimate of the potential corporation tax saving or R&D tax credit payable that you may be eligible to claim. It is based upon your R&D costs entered. We recommend a thorough review to make sure you identify all qualifying R&D projects and all eligible costs. In our experience, companies that submit their R&D tax relief claims themselves, or through a non-specialist, often end up significantly under-claiming.

Please contact us for a more accurate estimation of your costs and projects.

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