Research and Development ("R&D") Tax Relief is a tax incentive provided by the UK government to encourage innovation and can provide significant benefits for businesses.
R&D is undertaken where a project seeks to achieve an advance in science or technology through the resolution of scientific or technological uncertainty.
Is your business eligible for an R&D Tax Relief claim?
Choose Duncan & Toplis as your trusted partner for professional tax services.
At Duncan & Toplis, our specialist tax team provides tailored research and development tax relief guidance and support designed to help your innovative projects thrive and maximise value.
The UK government offers generous research and development tax incentives to reward companies that seek technical or scientific advancement. Whether your business develops new technology, improves existing products, or explores novel processes, you could receive:
Our expert team supports you at every stage of the research and development tax relief process:
Eligibility scoping
We assess if your projects meet HMRC’s technical criteria for R&D tax purposes - involving scientific or technological uncertainties that couldn't be easily solved by professionals
Cost identification and documentation
We help identify all qualifying costs - staffing, third-party, including subcontractors, consumables (materials), software, utilities - and draft clear documentation for HMRC.
Claim preparation under latest schemes
We calculate relief under the new RDEC scheme and ERIS for eligible SMEs, ensuring that your claim is maximised, making it as optimal as it is robust.
HMRC notification and submissions
HMRC enquiry support
If HMRC requests clarification or opens a compliance check, our team represents you, defends your claim, and safeguards your interests.
Don’t leave valuable research and development tax relief on the table. Partner with our experienced team to:
Get in touch to discuss your projects - let us help you turn innovation into financial reward through expert research and development tax advice.
There are two main R&D tax reliefs. The RDEC scheme offers up to 20% expenditure credit, and the Enhanced R&D Intensive Support (ERIS) scheme offers up to 14.5% for qualifying loss-making SMEs.
R&D tax credits for SME businesses are available through ERIS, which provides a higher rate of relief for loss-making small and medium-size companies carrying out qualifying R&D.
R&D Tax Relief allows select companies to claim enhanced deduction or cash credits for R&D expenditure.
No, R&D tax differs for SME businesses and large companies, who generally claim through the RDEC scheme rather than ERIS.
Research & development tax credits are government incentives that reduce Corporation Tax or provide cash credits to companies investing in innovation.
For the latest research and development tax news, including scheme changes, speak to our specialist tax team, who stay up to date on HMRC policy.
