Eligibility

Your Claim Criteria

What are R&D tax credits?

Research and Development tax credits generate cash resources for organisations via the corporation tax system. Additional cash funds are made available through corporation tax savings, receiving cash payments from HMRC or a combination of both.
Eligibility diagram showing compounding of credit claims

Why do R&D tax credits exist?

R&D tax credits are a form of tax relief, the purpose of which is to cultivate scientific and technological brilliance, boosting the UK's competitive advantage and ultimately fueling economic growth.

How to know if your organisation is eligible for R&D tax credits

Company

Your work will be undertaken within a UK trading company (can be pre-revenue) within the cope of UK Corporation Tax Self Assessment.

Purpose

Your company is creating or making changes to products, materials, devices, processes or services.

Focus

You will be founding something that doesn't exist, improving what does exist or duplicating something in a different way.

Problem solving

Your company is looking to find solutions to challenges that have not yet been solved by your industry.

Basis

Your project explores the application of scientific or technological principles relevant to your industry.

Financial outlay

Your company must have incurred costs to fund the activities assisting with problem solving.

Which R&D tax credit scheme applies?

Figuring out your tax credit scheme depends on lots of different factors.
The size of your company (headcount, turnover and gross assets based tests)
R&D intensity - expenditure on relevant R&D compared to overall expenditure
Whether your company is profitable or loss making
How your R&D project came about
Contracts and eligibility status with a principal engagement

Achieving a robust R&D tax credit claim!

Learn how to put together an R&D tax credit claim that stands up to HMRC scrutiny.
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Supporting your R&D claim downloadable guide cover

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Resources

See all
Download

Your Guide to a Good Tax Adviser - 6 Qualities to Look For

5
min read
Download

R&D tax relief - overview for an SME

10
min read
Insight

Newsletters archive

min read
Insight

Handling the requirements to access R&D tax relief

5
min read
Insight

The impact of grants on R&D tax relief claims under the SME scheme

6
min read
Case Study

Pitfalls for SMEs in the life sciences industry

8
min read
Download

An introduction to R&D tax relief for Life Science companies

5
min read

Expert R&D tax advice

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