--- title: "Get money back with our R&D Tax Credits service" id: "9152" type: "post" slug: "rd-tax-credits-service" published_at: "2021-07-21T15:00:34+00:00" modified_at: "2022-08-15T14:19:26+00:00" url: "https://seedlegals.com/resources/rd-tax-credits-service/" markdown_url: "https://seedlegals.com/resources/rd-tax-credits-service.md" excerpt: "Our R&D Tax Credits service helps founders claim back money you've spent on research and development. This tax relief is an HMRC initiative that pays your company back up to 33% of what you spend on qualifying activity for research..." taxonomy_category: - "R&D Guides" --- 2 min read Expert reviewed This article has been fact-checked by a SeedLegals subject matter expert. [Meet our experts](https://seedlegals.com/authors-and-experts/) and learn more about our review process and quality assurance in our [editorial policy](https://seedlegals.com/editorial-policy/) . # Get money back with our R&D Tax Credits service Published: Jul 21, 2021 Updated: Aug 15, 2022 Contents [Am I eligible for R&D tax relief?](#am-i-eligible-for-rd-tax-relief) [For how many years can I claim R&D tax relief?](#for-how-many-years-can-i-claim-rd-tax-relief) [How much R&D tax relief could your company claim?](#how-much-rd-tax-relief-could-your-company-claim) [How to make your R&D claim with SeedLegals](#how-to-make-your-rd-claim-with-seedlegals) [Jonathan Prezman](https://seedlegals.com/resources/author/jonathan-prezman/) **Update for accounting periods starting on or after 1 April 2024** The information on this page applies to accounting periods starting before 1 April 2024. If your accounting period starts on or after 1 April 2024, a new merged R&D scheme is now in place. 👉 [Find out what’s changed and how it affects you](https://seedlegals.com/resources/rd-merged-scheme/) In 2021, we launched our [R&D Tax Credits](https://seedlegals.com/grow/rd-tax-credit-claim/) service to help founders claim money back they’ve spent on research and development. R&D tax relief is an HMRC initiative that pays your company back up to 33% of what you spend on qualifying activity for research and development. You get the money back in the form of Corporation Tax relief or, if you’re a loss making company, as a tax credit (that is, a cash payment). You can now [make your R&D claim with SeedLegals](https://seedlegals.com/grow/rd-tax-credit-claim/) . **Let’s answer some of your questions** [Am I eligible for R&D tax relief?](#am-i-eligible) [For how many years can I claim R&D tax relief?](#how-many-years) [How much R&D tax relief could your company claim?](#how-much) [How to make your R&D claim with SeedLegals?](#how-to-make-rd-claim) ## **Am I eligible for R&D tax relief?** Maybe! It isn’t only tech companies that qualify for R&D tax relief. As long as your company is innovative, you could be eligible. To find out if you’d be eligible for tax relief, [book a call](https://seedlegals.com/meetings/rd/) with us. Our team includes specialist accountants and lawyers – you’ll speak directly with one of our experts. ## For how many years can I claim R&D tax relief? You can claim R&D tax relief retrospectively for the previous two accounting periods. ## How much R&D tax relief could your company claim? To find out how much your company could claim, [try our quick calculator »](https://seedlegals.com/rd-calculator/) ## How to make your R&D claim with SeedLegals As you’d expect, we’ve made it as easy as possible to create a comprehensive and accurate claim. Here’s what happens: 1. 1. **Log in to get started** If you’re new to us, [setting up an account](https://app.seedlegals.com/signup) is quick and easy. 2. **Create your Technical Narrative** This is the core of your R&D claim. The Technical Narrative is your ‘story’ where you tell HMRC about your company and your R&D projects. Follow our online guidance to structure your narrative. We prompt you to include information about advances, technical uncertainties and resolutions, and to describe the people involved in your projects. Our R&D experts are on hand to help. 3. **Connect to Xero and automatically add your costs** We make it easy to add all your relevant expenditure to your claim in a few clicks. On SeedLegals you can connect straight to your Xero account and automatically pull in eligible costs, including employee salaries and payments to subcontractors. 4. **Upload your company accounts** When you’ve uploaded your most recent company accounts, all the data for your claim is stored securely on our platform. Next you’re ready to… 5. **Submit your claim for review** Our R&D experts thoroughly review your claim. We don’t just check it’s 100% correct, we’ll maximise what you get back. We’ll get back to you within three business days with our detailed report. If we have any questions, we’ll be in touch before that. 6. **Send to HMRC**When we’ve completed our review and you’re ready, submit your claim to HMRC. That’s it! All you need to do is wait for the response from HMRC. You’ll usually hear from them in four to six weeks. [Find out more about R&D Tax Credits](https://seedlegals.com/resources/rd-tax-credits-the-ultimate-guide/) ##### R&D Tax Credits ### R&D cashback calculator How much R&D tax relief could your company claim? Find out with our calculator. [Go to calculator](https://seedlegals.com/rd-calculator/) #### Jonathan Prezman Jonathan manages our R&D Tax Credits service. He's an ex-founder himself, and a qualified lawyer. [Read more](https://seedlegals.com/resources/author/jonathan-prezman/) [https://www.linkedin.com/in/prezman/](https://www.linkedin.com/in/prezman/) ## Related posts [6 min readR&D tax relief has changed – here’s what you need to know about the new merged schemeBig changes are coming to R&D tax relief. For accounting periods starting from 1 April 2024, a new merged scheme replace... Michael Atherden](https://seedlegals.com/resources/rd-merged-scheme/) [5 min readR&D success stories: meet the companies claiming back cashMeet the innovative companies who have successfully recovered money through the SeedLegals R&D Tax Credits service. Kirsty MacSween](https://seedlegals.com/resources/rd-success-stories/) [6 min readR&D Tax Credits update: how to prepare for changes to R&D tax relief 2023In this post, we break down the information you need for the new additional information form, explain how the additional... Benedict Conry](https://seedlegals.com/resources/changes-to-rd-tax-relief/)