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R&D Tax Credits

Research & Development (R&D) tax credits are a UK government initiative to reward innovative projects and promote growth through generous tax incentives. A successful R&D claim could generate a significant financial benefit, leaving you with more to invest in taking your business to the next level.

However, many businesses like yours miss out because they simply don’t realise their activities qualify as Research and Development. Alternatively, if you are already making R&D claims, a technical first approach is essential to fully navigate the complexities of R&D tax legislation; without which you may be leaving valuable entitlement unclaimed.

Am I eligible to make a claim for R&D tax relief?

Your business could qualify for R&D Tax Credits, and reclaim a significant proportion of your expenditure if:

You are attempting to overcome difficult technological or scientific challenges

If you have been working on a process, material, device, product or service and have been seeking to:

Extend overall knowledge or capability
Create an increase in overall knowledge or capability
Make an appreciable improvement
Use science or technology to duplicate the effect of the aforementioned;

Get in touch to find out how we might help you.

What Costs Can I Claim For?

Costs incurred on any qualifying Research & Development activities could qualify for a claim in the relevant tax year. You may claim for expenditure such as:

Staff costs including NIC and pensions
Materials consumed
Sub-contractors
Travel expenses
Utility costs
Software, data & cloud costs

How we can help you?

Skilled observation™
Financial due diligence
Industry research
Comprehensive technical report writing
Tax and benefit evaluation
Audit ready

Our Process

With unrivalled experience, our Tax Credit Consultants come from a broad spectrum of financial and industry sectors, so we're expertly positioned to identify activity that is eligible.
We collaborate closely with you and your team to conduct a thorough analysis of your potential projects and associated costs to ensure you capture the necessary expenditure that HMRC will need to process your R&D tax credit claim.
Our professional tax incentive team know exactly what it takes to produce a comprehensive technical R&D report to the exact standards expected by HMRC. Our team go the extra mile to secure you the financial benefit you are legitimately entitled to.

At Momentum, our ethos is built on relationships. We’re not just here for quick wins, we're interested in long-term strategic partnerships that deliver real tangible value to your business.

We work closely with you and your accountants to become your trusted R&D tax credit advisor, ensuring that you are compliant and yet leave no stone unturned, making sure you claim what you're entitled to.

Whether you’re new to R&D tax credits or already making claims, our highly experienced Tax Consultants are here to help and advise you from start to finish. If you are making a claim, why not avail of a second opinion for peace of mind? Reach out to us for a confidential conversation.