R&D tax credit calculator
Spent money developing a new product or service? You could be eligible to claim back up to 33% of your research and development spend from HMRC.
Estimate your R&D tax credit claim and see how much you could get back under the SME scheme.
We estimate you could get back up to
Can my startup claim R&D tax credits?
Many companies don’t realise they’re spending money on activities that qualify for R&D tax relief. That means they miss out on a cash boost or a reduction in their tax bill.
If you’ve invested time and resources into developing a new product or service – or even tried to improve something that already exists – you could be eligible to claim back up to 33% of your R&D spend from HMRC under the SME scheme. Larger companies can claim under the RDEC scheme.
As an SME, the type and amount of R&D tax relief you can claim depends on how much you’ve spent, what you’ve spent it on and whether your company is making a profit or not.
If you’re loss-making
You could claim up to 33% of your R&D spend as a direct cash payment.
If you’re profit-making
You could reduce your Corporation Tax bill by around 25% of your R&D expenditure. Or receive a refund for overpaid tax.
Simply enter the rough figures for your expenses into our R&D SME tax credit calculator to see what you could claim.
Calculate your R&D claim
Maximise your claim
Get your money back
Can grants and R&D tax credits be used together?
As a startup, you’re probably constantly in search of funding to fuel your business. Can grants and R&D tax credits can be used together?
HMRC delays: why your payment might take longer
You’ve submitted your R&D Tax Credits claim and are waiting for approval and a cash boost for your business. But what’s the hold-up at HMRC?