R&D Tax Credits

Carrying out research and development (R&D) that helps make even modest advances in science and technology means that your business could be in line for generous R&D tax relief benefits.

From experience, we know that many businesses miss out on claiming R&D tax relief because they don’t think they qualify or have not even considered whether they might be eligible.

But with tax relief of up to 230 percent available – and a time limit of two years on making your claim – it is worth talking to our experts to see whether you could benefit.

At HB&O, we work with you to explaining the complex rules of R&D tax credits and can prepare your claim to help give you the greatest chance of success.

We can also advise you on issues like improving your record keeping, so that you can keep track of all the activities involved in the R&D process, and the costs, so that all eligible expenditure is claimed for.

When you work with our team, we won't just look at your R&D in isolation. We'll build your R&D into your business planning so that you can use tax credit benefits as part of an ongoing strategy to grow your business and keep moving forward.

For more information on whether your business might qualify and how we can help, download our R&D Factsheet.

You can read about how we succesfully recognised significant tax relief for both a local technology provider and a corrugated cardboard manufacturer.

If you would like to discuss our services for businesses involved in research and development in more detail with our Leamington Spa and Coventry accountancy teams, please contact us.