How much could your business claim?
Large Companies (RDEC)
Large companies (500+ employees) are able to claim up to 9.72% of the qualifying R&D spend as tax relief under the RDEC scheme. *An RDEC claim is paid out in the form of a taxable credit of your identified qualifying expenditure. As the credit is taxable, it results in a cash benefit of 9.72% after tax.
Move the slider below to find out how much R&D Expert may be able to claim for you business.
Amount spent on R&D
Is your business profitable?
What was your business' losses?
What R&D costs can I claim for?
HMRC defines 4 categories of qualifying costs:
Expenditure on employees
Expenditure on employees paid directly by the company (e.g. on the payroll, in the UK or elsewhere) to work on the project including salaries, employer’s NIC and pension contributions.
Expenditure on subcontractors and freelancers
Expenditure on subcontractors and freelancers directly employed for the project.
Expenditure on R&D materials and consumables
Expenditure on R&D materials and consumables including heat, light and power that are used up or transformed by the R&D process.
Expenditure on some types of software
Expenditure on some types of software required specifically for the R&D Project.