Eligibility criteria

What is the eligibility criteria for R&D?

While qualifying activities for R&D vary across industries, all businesses looking to benefit from R&D tax credits, need to follow...

17 Oct, 2023 Uncategorized

What doesn’t count as R&D?

With the intention of R&D tax credits being to encourage new and exciting innovations in the UK, the replicated development...

17 Oct, 2023 Uncategorized

Can I claim R&D tax relief on a failed project?

If your claim meets HMRC’s eligibility criteria, you can still make an R&D tax relief claim even if the project...

17 Oct, 2023 Uncategorized

Can I claim R&D tax credits if the project isn’t completed?

If your claim meets the eligibility criteria of R&D activity, you can still make an R&D tax relief claim even...

17 Oct, 2023 Uncategorized

Can I still claim R&D tax credits if my company hasn’t turned a profit yet?

If you’ve been investing in research and development but your company hasn’t turned a profit yet, you may still be...

17 Oct, 2023 Uncategorized

What if my R&D project runs over multiple years?

Many research and development projects stretch across multiple years. As long as the underlying activities remain eligible and the company...

17 Oct, 2023 Uncategorized

Is it possible for a company in liquidation or no longer in operation to make an R&D claim?

One of the eligibility requirements for R&D tax relief is that the business claiming R&D tax relief must be trading....

17 Oct, 2023 Uncategorized

Do Limited Liability Partnerships (LLPs) qualify for R&D tax credits?

Can a partnership claim R&D tax credits? The straightforward answer is no. But, why? Limited Liability Partnerships (LLPs) cannot directly...

17 Oct, 2023 Uncategorized

Can a company that is limited by guarantee, submit an R&D tax credit claim?

A company limited by guarantee can submit an R&D tax credit claim if it meets the standard eligibility criteria created...

17 Oct, 2023 Uncategorized

Do R&D tax credits apply to sole traders?

R&D tax relief is only available to limited companies that are subject to Corporation Tax. Because of this, sole traders...

17 Oct, 2023 Uncategorized

How do you determine the extent of R&D involvement for each staff member?

There are a number of methods that can be used to determine the extent of research and development activity carried...

17 Oct, 2023 Uncategorized

Are we eligible to make a R&D tax credit claim if we were subcontracted by a third party?

If an SME is subcontracted to take part in an R&D project, it can only claim R&D tax relief where...

17 Oct, 2023 Uncategorized