Frequently Asked Question

Qualifying expenditure on Research and Development (R & D) attracts four different forms of tax relief for Corporation Tax.

• The Small or Medium-sized Enterprise (SME) R & D Credits Scheme
• The Large Company Scheme: R & D Expenditure Relief 'RDEC'
• The Patent Box

Additionally, there are R & D capital allowances.

You can claim relief where you have a valid R & D project on your costs for:

• Staffing
• Sub-contracting
• Software
• Consumables
• Overheads

If you have any queries on what you can claim, how you can claim and what claim is going to apply for your company, then raise a Virtual Tax Partner support ticket for expert advice.

Full assistance with R & D claims is also provided at a fixed 15% fee: there is no de-minimis so no claim is too small.