Research and development tax

If you’re innovating new products/processes for manufacturing or solving technical problems then you probably qualify for research and development tax savings.

Typical industries where R&D tax relief is prominent include manufacturing, engineering, medical products, software development, architecture and even food.

With R&D tax relief allowing SMEs to claim 230% tax relief on qualifying expenditure and non-SMEs to claim 130%, isn’t it time you called on our specialist service to explore whether you stand to benefit from making a claim?

Newtons have acquired considerable experience over a number of years of obtaining sizeable R&D tax relief repayments for clients. We offer clients expert advice and guidance and will work directly with them in order to provide the best service and best technical input for clients.

In our experience, the tax definition of R&D is misunderstood by many accountants working in both large and small accountancy practices. We believe we are one of only a relatively small number of practices throughout the country which fully comprehends and can advise on this area and, accordingly, obtain the best value for clients.

Some of the key features of our research and development tax relief service include:

  • Identifying the validity of an R&D tax relief claim.
  • Helping clients realise the extent of the time spent on R&D activities.
  • Planning for future R&D projects and advising to maximise future claims.
  • Ensuring that the maximum allowable benefits are claimed.

For more information on R&D tax relief visit our Research and Development Tax Relief site, download our R&D brochure or contact us to discuss your requirements.

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