R&D Tax Credit Claim R&D Tax Credit on no win no fee basis
The research and development (R&D) tax credit is an incentive the UK government offers to reward innovation. It is a valuable cash source for businesses to support their R&D effort, hire new staff, and ultimately develop their idea into commercial success.
The R&D Tax Credit is popular among startups, scaleups, and large established businesses. It reimburses eligible companies a percentage of their investment in qualifying R&D through cash credits and corporation tax reductions.
The company must be liable for UK corporation tax and conduct research and development work that satisfies HMRC’s ‘eligible R&D’ definition to qualify.
How much could your company receive?
The amount depends on your company’s size, financial position, and how much you spend on R&D — but the sums can be significant.
Most companies claim under the Merged R&D Scheme, which gives you a credit worth 20% of your qualifying R&D spend. In real terms, that means:
If your company is profitable, you could receive back around 15p for every £1 you invest in R&D
If your company is loss-making, that rises to around 16p in every £1
Are you an R&D-intensive startup or early-stage business?
If your R&D expenditure makes up at least 30% of your total costs and your company is loss-making, you may qualify for the Enhanced R&D Intensive Support (ERIS) scheme — a more generous rate worth up to 27p in every £1 of qualifying spend, paid as a cash credit.
Whether you’re a profitable scaleup or a pre-revenue startup investing heavily in innovation, there’s a meaningful return available — and we can help you capture it.
If you want to find out if you qualify for a refund or how much you can claim, please click here, and our team will be glad to assist you.
how can we help you?
Contact us at the Abacus Accountants and submit a business inquiry online.
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