What is R&D?

Research and Development (R&D) tax relief is a government tax incentive set up to compensate innovative companies for costs they have incurred from making an appreciable improvement to their industries. Essentially, it’s the government’s way of rewarding businesses that are developing new or improving existing, products, processes, systems and materials.

At Work

Research and Development Qualifying sectors include the following:

  • Aerospace

  • Animators

  • Architects

  • Chemical Companies

  • Clothing Manufacturers

  • Computer Gaming Developers

  • Construction

  • Electrical Engineers

  • Mechanical Engineering

  • Electronics

  • Film Industry

  • Finance

  • Food/Drink

  • Fossil Energy

  • GRP Moulders

  • Horticulture Hospitality

  • Injection Moulders

  • IT Software

  • Telecommunications

  • Motor Industry

  • Music Industry

  • Pharmaceuticals

  • Printing Companies

  • Prototype Developers

  • Recycling Research

  • Laboratories

  • Renewable Energy

  • Sound Engineers

  • Waste Processing

What can I claim for?

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Staff Costs

For SME's and large enterprises staff costs can include the following; Gross salaries (including wages, overtime and bonuses), Employer NI, Employer Pensions and other expenses.

Sub Contracted Costs

 Externally provided workers (EPW) along with sub-contractual costs can be included. Up to 65% of these costs in most cases can be contributed to your application.

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Consumables & Utilities

A proportion of the consumables and utility costs, directly associated to your R&D projects can be included. 

Travel costs

 Some travel costs associate with your research and development may also be eligible to be included in your claim. Speak to one our education team to find out more information on travel costs.