Increase your cash flow with our trusted R&D tax credit service. Our R&D tax specialists will guide you through the application process and ensure that your business is compliant with HMRC.
Our industry experienced R&D experts are on hand to ensure your innovation receives the funding it deserves.
R&D tax relief can provide an important source of funding through cash reimbursement or tax deduction for innovative companies. This relief can be worth up to 33.35% of a company's R&D expenditure.
We will ensure all documentation is of the highest standard as well as dealing with the HMRC submission.
Receive expert support and advice in the case of an enquiry.
Focus on growing your success while we handle your R&D tax credits.
Stephen Hendry
Oluwatosin Omotola
Entrepreneur, Founder, Omotola Ajayi Travelts Ltd
Maximilian Cater
Seb Francis
Kira
Victoria Haynes
Tax Manager
United Kingdom
Head of Accounting
United Kingdom
James has over 20 years of accounting experience, specialising in SME advisory and digital transformation. He helps businesses adopt Xero and make accounting faster, clearer and more useful.
Operations Accounting Manager
United Kingdom
With nearly 10 years of experience, Nathan supports startups with year-end accounts and management reporting. He is known for his hands-on approach and clear financial guidance.
Who qualifies for R&D tax relief?
R&D for tax purposes is available when a project seeks to pursue advancements in science or technology. In order to qualify, the activities directly contributing to achieving these advancements must be carried out within a context of scientific or technological uncertainty.
If you are developing new products, processes or services that extend overall knowledge in a field of science or technology, or making appreciable improvements to an existing product, process or service, then you may be eligible for R&D tax relief. Getting support from an organisation such as Sleek could be invaluable in this process.
How much can you claim on R&D?
Companies can receive back between 18.85% and 33.35% of qualifying expenditure if they are eligible for R&D tax relief. This is received either through cash reimbursement or via a tax reduction. The total amount will depend on whether the company is making a loss, a profit, or breaking even. In addition to this, R&D claims can be made retrospectively for any R&D activity carried out in the last two years. To gain insights into whether your business could qualify for R&D tax relief, feel free to get in touch with us for a free consultation.
How do I work out my R&D claim?
Calculating R&D tax relief varies for each company and depends on a variety of factors. Costs that could qualify include staff costs, contracting costs, software licences, and materials/consumables. Ensuring these calculations are correct is paramount to a successful R&D claim, and this is something Sleek can help with. Feel free to get in touch to clarify matters further.
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