UK R&D Tax Credits Calculator
Specialists in research and development (R&D) tax credits for SMEs in the UK
Our team of R&D tax experts specialises in helping companies of all sizes claim R&D tax credits which they are entitled to. Please get in touch to understand how much you can claim back on R&D eligible expenditure.
Alternatively call us on 02076860000 or send your enquiry to ask@dragonargent.com
TRUSTED BY FOUNDERS, STARTUPS & SMEs
Does Your Business Qualify?
A UK incorporated limited company can claim R&D relief up to two years after the end of the accounting period of the expenditure. The following are flags that you could be eligible:
You are innovating, improving, or inventing processes or technologies which are not currently available on the market.
At the start of the project, you had no clear answer as to how the project would conclude. This uncertainty proves the first point that the development is producing new knowledge.
You can document evidence of your research and development, and the expenditure relating to these activities.
Eligible Costs
If your company meet the criteria laid out above, you should endeavour to maintain detailed records of every cost associated with the project, including:
Staff costs associated with the project.
Subcontracted staff associated with the project.
Software associated with the project.
Consumables: Any utilities or materials used in the project are eligible.
N.B. Ineligible costs include the costs of distributing the goods produced, capital expenditure, rent or rates, and the cost of patents.
HOW CAN WE HELP YOU?
R&D Tax Credits Case Study
How Dragon Argent helped Sphere a tech based company claim R&D tax relief
“Dragon Argent have provided seamless R&D services to Sphere for our 2019 and 2020 accounting periods, assisting us in receiving over £450k in cash rebates. They charge only 5% of the rebate as a fee, which appears to be very cost-efficient compared to other entities offering such a comprehensive “all-in-one” service. They run the whole project from start to finish, carrying out the detailed calculation as well as the supporting technical narrative, and all related documentation and filings. They complete this in a way which minimises input time from ourselves which we find very valuable, generally only requiring an hour or so on a call so that they can fully understand the development project. We will certainly continue to engage Dragon Argent for R&D services in the future.”
David Parker | Chief Technical Officer at Sphere
GET IN TOUCH TO CLAIM YOUR R&D TAX CREDIT FROM HMRC
Dragon Argent are experienced, London based R&D Tax experts, supporting technology enabled startups and SMEs. To find out how R&D Tax credits could benefit your business, schedule a discovery call today.
Alternatively call us on 02076860000 or send your enquiry to ask@dragonargent.com