How much is an R&D claim worth?
Each claim varies depending on what scheme your business is eligible for. This is because different rates apply to the SME scheme and RDEC. Using an R&D tax credit calculator can provide you with an estimate of your claim’s worth.
If your accounting period begins on or after April 1st 2024, rates for SMEs and large companies will be at a fixed rate. This is due to recent changes in R&D tax relief. Click here to get a clear picture of the 2024 R&D tax credit rates..