R&D Tax Credits | R&D Tax Relief | Innovation Plus

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What's the R&D tax scheme worth to you?

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Do I Qualify?

Am I doing R&D?

What is R&D for tax purposes

How Do I Claim?

100% Success rate with our 10 step claim process

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What are R&D Tax Credits?

R&D Tax Credits are the primary form of tax relief for promoting innovation in the UK. A cash benefit of up to 33.35% of qualifying R&D expenditure can be claimed that includes the costs of testing, experimentation, software / product development and process improvement.

What is the difference between R&D Tax Relief and R&D Tax Credits?

R&D Tax Relief is the name of the scheme that allows companies to claim an enhanced tax deduction for qualifying R&D expenditure. The enhanced amount can be surrendered for a cash credit (the R&D Tax Credit) if the company is loss-making, or used to offset tax due if a company is profitable.

Any company subject to UK corporation tax can potentially make an annual R&D claim to HMRC for qualifying activities. 

Qualifying projects must be in a field of science or technology and can include new product or process development, or making an appreciable improvement to those that already exist. You do not need to be the first in the industry to achieve something, providing that the technology solution is not in the public domain, or obvious.

R&D Tax Credits are available for Small and Medium-sized Enterprises (SME) while the R&D Expenditure Credit gives an above-the-line benefit to Large companies.

The R&D Tax Relief scheme is administered by HMRC who have 5 Specialist Units that deal with all SME R&D claims. The inspectors at these units are usually very experienced and adept at investigating whether or not claims meet the requirements of the legislation. A claim can be made either by filling in the appropriate boxes as part of the Corporation Tax return (CT600), or alternatively, by filing an amendment to a return. We always advise the latter as it ensures that all the supporting documentation reaches the inspector at the same time as the claim, thus avoiding the possibility of an enquiry.

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What We Do

We help businesses of all sizes grow and improve their cash flow by assisting them in claiming R&D Tax Relief. Our rigorous and repeatable process is combined with high quality claim documentation to ensure companies claim the maximum allowable under the legislation and minimises the likelihood of HMRC enquiries. We have a 100% success rate across hundreds of claims, both in number and in quantum of those claims.

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How We Do It

Our staff combine industry know-how and technology backgrounds with practical experience of compiling R&D claims since 2003 – longer than almost anyone else.

We have an unbeatable 100% success rate in both number of claims accepted by HMRC and the amount of those claims, and work entirely on a no-win no-fee basis meaning that you don’t pay a penny until you receive your benefit.

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UK government to boost R & D funding

29th Nov 2016

Last week, Theresa May announced the government’s plans to invigorate research and development in UK companies by spending an extra £2 billion per year by 2020-2021 on R & D funding and grants. Speaking at the CBI’s (Confederation for British Industry) Annual Conference, the Prime Minister announced the additional spending as part of the government’s […]

R&D Expenditure Credits

24th Jul 2015

The R&D Expenditure Credit ( also known as RDEC or the above-the-line scheme)  was introduced for qualifying R&D expenditure incurred on or after 1 April 2013 and is a direct replacement for the R&D Large Company Scheme which was introduced in 2002. In the UK there are currently two schemes in operation, one for SMEs […]

R&D Tax Credits Qualifying Expenditure

16th Jul 2015

R&D Tax Credits Qualifying Expenditure is expenditure incurred for the purposes of carrying out R&D, directly contributes to the resolution of  technological uncertainty or is a Qualifying Indirect activity, and falls into one of a number of categories. 1. Staff Costs – the gross costs of permanent employees can be included in a claim to the extent […]

Claimed : Over £25,000

Delighted with the result- totally unexpected both that we could claim for our website development and the amount! We really didn’t realise how much of what we did qualifies under the R&D Guidelines until we had it explained to us. The process was not intrusive and this money will definitely come in very useful for […]

Claimed : Over £75,000

We are a company specialising in recycling, water purification, sewage treatment, and hydroponics. We chose Innovation Plus as our R&D Tax service provider because of their top-level expertise and all-inclusive approach to claims within the parameters of the legislation. Their detailed understanding of the R&D scheme, as well as our specialist technology, and what activities […]

One of our Software Development clients successfully claimed over £100,000

We have been successfully working with Micah Levy and Innovation Plus for the past four years and have found their services to be exceptional. Their experience in both R&D claims and software development has proved invaluable for their ability in understanding our environment, resulting in thorough R&D tax credit applications and maximum claims with very […]

Claimed : Over £100,000

Software R&D Tax Credit claims for developing business applications are notoriously difficult but hearing about the scheme we approached several accountants who all advised us that we would not be able to claim as they thought our CRM system was “not innovative enough”. Turning to specialists, Innovation Plus analysed and detailed all the underlying technical […]

Claimed : Over £375,000

We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we could not claim R&D Tax Credits again.Innovation Plus worked with our scientists and engineers to get what we think is an amazing result, doubling our previous claim, and with minimal impact on […]

Claimed : Over £25,000

Delighted with the result- totally unexpected both that we could claim for our website development and the amount! We really didn’t realise how much of what we did qualifies under the R&D Guidelines until we had it explained to us. The process was not intrusive and this money will definitely come in very useful for […]

Claimed : Over £75,000

We are a company specialising in recycling, water purification, sewage treatment, and hydroponics. We chose Innovation Plus as our R&D Tax service provider because of their top-level expertise and all-inclusive approach to claims within the parameters of the legislation. Their detailed understanding of the R&D scheme, as well as our specialist technology, and what activities […]

One of our Software Development clients successfully claimed over £100,000

We have been successfully working with Micah Levy and Innovation Plus for the past four years and have found their services to be exceptional. Their experience in both R&D claims and software development has proved invaluable for their ability in understanding our environment, resulting in thorough R&D tax credit applications and maximum claims with very […]

Claimed : Over £100,000

Software R&D Tax Credit claims for developing business applications are notoriously difficult but hearing about the scheme we approached several accountants who all advised us that we would not be able to claim as they thought our CRM system was “not innovative enough”. Turning to specialists, Innovation Plus analysed and detailed all the underlying technical […]

Claimed : Over £375,000

We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we could not claim R&D Tax Credits again.Innovation Plus worked with our scientists and engineers to get what we think is an amazing result, doubling our previous claim, and with minimal impact on […]

Claimed : Over £25,000

Delighted with the result- totally unexpected both that we could claim for our website development and the amount! We really didn’t realise how much of what we did qualifies under the R&D Guidelines until we had it explained to us. The process was not intrusive and this money will definitely come in very useful for […]

Claimed : Over £75,000

We are a company specialising in recycling, water purification, sewage treatment, and hydroponics. We chose Innovation Plus as our R&D Tax service provider because of their top-level expertise and all-inclusive approach to claims within the parameters of the legislation. Their detailed understanding of the R&D scheme, as well as our specialist technology, and what activities […]

One of our Software Development clients successfully claimed over £100,000

We have been successfully working with Micah Levy and Innovation Plus for the past four years and have found their services to be exceptional. Their experience in both R&D claims and software development has proved invaluable for their ability in understanding our environment, resulting in thorough R&D tax credit applications and maximum claims with very […]

Claimed : Over £100,000

Software R&D Tax Credit claims for developing business applications are notoriously difficult but hearing about the scheme we approached several accountants who all advised us that we would not be able to claim as they thought our CRM system was “not innovative enough”. Turning to specialists, Innovation Plus analysed and detailed all the underlying technical […]

Claimed : Over £375,000

We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we could not claim R&D Tax Credits again.Innovation Plus worked with our scientists and engineers to get what we think is an amazing result, doubling our previous claim, and with minimal impact on […]

Claimed : Over £25,000

Delighted with the result- totally unexpected both that we could claim for our website development and the amount! We really didn’t realise how much of what we did qualifies under the R&D Guidelines until we had it explained to us. The process was not intrusive and this money will definitely come in very useful for […]

Claimed : Over £75,000

We are a company specialising in recycling, water purification, sewage treatment, and hydroponics. We chose Innovation Plus as our R&D Tax service provider because of their top-level expertise and all-inclusive approach to claims within the parameters of the legislation. Their detailed understanding of the R&D scheme, as well as our specialist technology, and what activities […]

One of our Software Development clients successfully claimed over £100,000

We have been successfully working with Micah Levy and Innovation Plus for the past four years and have found their services to be exceptional. Their experience in both R&D claims and software development has proved invaluable for their ability in understanding our environment, resulting in thorough R&D tax credit applications and maximum claims with very […]

Claimed : Over £100,000

Software R&D Tax Credit claims for developing business applications are notoriously difficult but hearing about the scheme we approached several accountants who all advised us that we would not be able to claim as they thought our CRM system was “not innovative enough”. Turning to specialists, Innovation Plus analysed and detailed all the underlying technical […]

Claimed : Over £375,000

We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we could not claim R&D Tax Credits again.Innovation Plus worked with our scientists and engineers to get what we think is an amazing result, doubling our previous claim, and with minimal impact on […]

Claimed : Over £25,000

Delighted with the result- totally unexpected both that we could claim for our website development and the amount! We really didn’t realise how much of what we did qualifies under the R&D Guidelines until we had it explained to us. The process was not intrusive and this money will definitely come in very useful for […]

Claimed : Over £75,000

We are a company specialising in recycling, water purification, sewage treatment, and hydroponics. We chose Innovation Plus as our R&D Tax service provider because of their top-level expertise and all-inclusive approach to claims within the parameters of the legislation. Their detailed understanding of the R&D scheme, as well as our specialist technology, and what activities […]

One of our Software Development clients successfully claimed over £100,000

We have been successfully working with Micah Levy and Innovation Plus for the past four years and have found their services to be exceptional. Their experience in both R&D claims and software development has proved invaluable for their ability in understanding our environment, resulting in thorough R&D tax credit applications and maximum claims with very […]

Claimed : Over £100,000

Software R&D Tax Credit claims for developing business applications are notoriously difficult but hearing about the scheme we approached several accountants who all advised us that we would not be able to claim as they thought our CRM system was “not innovative enough”. Turning to specialists, Innovation Plus analysed and detailed all the underlying technical […]

Claimed : Over £375,000

We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we could not claim R&D Tax Credits again.Innovation Plus worked with our scientists and engineers to get what we think is an amazing result, doubling our previous claim, and with minimal impact on […]