Research and Development

Despite the recent turbulence, R&D tax relief remains a valuable incentive for businesses of all sizes.

If your company and the project you are working on meeting the relevant criteria, it is possible for you to claim tax relief on the revenue expenditure (the running costs of your business) and some capitalised revenue expenditure you have incurred in each accounting period.

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Eriks Industrial Services Limited

Eriks Industrial Services Limited

Tailored R&D service

With over 15 years of experience working in Research & Development (R&D) tax relief, our team possesses a deep understanding of the ever-evolving regulations and practice, including the introduction of the new online filing requirement for all claims.

Clients value our flexible approach, as we customise our services – and our fee accordingly – based on their specific needs and internal capabilities; we can provide outsourced support for any aspect of claim preparation, or comprehensive support for clients that require it.  Regardless of which you choose, we provide a rigorous process that aims to generate the best outcome for your claim.  This independent approach also enhances the likelihood of a successful outcome in any future audits, transactions or diligence exercises

Itel Electronics

Itel Electronics

HMRC enquiry appraisal

With HMRC enquiries reaching record levels, many companies find themselves grappling with challenges to their claims, regardless of whether they were prepared internally or with external support from an advisor.


Drawing upon our extensive experience, we offer insightful and pragmatic guidance on your claim’s viability, its likelihood of success, and the potential routes available for resolution. Recognising the stress this process can cause, we provide a complimentary ‘triage’ service, offering initial impressions following a short discussion and review of correspondence at no cost or obligation to you. This allows you to gain valuable insights and chart the best course forward with confidence.

“The team at Wandsworth have repeatedly helped us to compile our R&D submissions. They have built an in-depth understanding of our organisation, expertly deploying their specialism, working directly with colleagues across our business, to ensure compliance with the latest legislation.”

Mick Holland, CPO, Eriks Industrial Services

Research and Development FAQ'S

Read our FAQ's to get the answers you need right now.

What Is R&D?

R&D tax relief (or ‘R&D’ for short) is a government incentive that has been around for more than 20 years. It aims to encourage innovation by UK companies and investment in industries that are highly technological.

Who is eligible to claim R&D tax relief?

Any company that is liable to UK corporation tax can claim R&D tax relief, but it needs to be sure that it is undertaking qualifying activities, which can often be the biggest challenge for businesses looking to put together claims.  If you’re unsure if that’s you, just get in touch and we’ll help you establish your eligibility.

What types of activities qualify?

The rules governing R&D tax relief stipulate that, for a claim to be valid, a business must be seeking to achieve an advance in a particular field of science or technology and must be doing so through the resolution of scientific or technological uncertainties.

This can include developing new products, services, or solutions (or making appreciable improvements to existing ones), but claimants should be aware that the advance is measured against the baseline of the underlying technology rather than what exists in the industry or the company’s own knowledge alone.

How much can I claim?

The rates of relief have been changing recently – for expenditure up to 31 March 2023, SMEs were able to obtain a cash credit worth up to 33.35% of its qualifying expenditure, but this has fallen to 18.6% for costs incurred from 1 April 2023 and falls again to 16.2% from 1 April 2024.

The benefit for large companies is increasing as the scheme is rebalanced, with benefit rates climbing from 10.5% for expenditure incurred up to 31 March 2023 to 16.2% for costs incurred thereafter.

To help understand what you might be able to claim, feel free to get in touch.

How do I make a claim?

All claims must be submitted through HMRC’s online portal through the completion of an “Additional Information Form”, or AIF.  As well as asking for details of the projects and costs claimed, this asks for details of anyone involved in the preparation of the claim and a named individual within the company who HMRC can speak to about the claim.

How long does it take to receive the benefit?

The process of making an R&D claim can take anywhere from a few days up to several weeks, depending on the availability of staff and data.

Once submitted, claims are often processed by HMRC within a few weeks, but it can take longer.

What are the risks to making a claim?

The main area of risk is in submitting an incorrect claim – either assessing something as qualifying R&D when it isn’t or including the wrong costs in claims.  HMRC are currently challenging around 20% of submissions and their main focus is understanding, from the business itself, how it is advancing knowledge or capability in a field of science or technology (rather than with a specific industry).

It is worth noting that claims previously paid out are not guaranteed – HMRC are increasingly challenging historical claims and, where successful, requiring repayments of the R&D tax relief obtained.

Is it best to use an advisor?

It depends on your comfort with the R&D tax relief rules and your desire / capacity to undertake the work in-house. A lot of companies prefer to use a specialist advisor to provide up to date knowledge of the process and claim landscape.

We can support as a fully outsourced provider of your claim through to providing a review facility for a claim put together in-house, depending on what level of service you need; and we are aware this can change from one claim to the next!

Should I use my accountant / auditor to do my claim?

As claims for R&D tax relief are being increasingly challenged by HMRC, you should be comfortable that whoever supports your claim has significant experience of making and defending R&D tax relief claims.

A lot of accountancy firms are no longer performing R&D tax relief services due to the requirement for specialist knowledge, balancing tax, accountancy and technology.

Using an independent party to support you – rather than your auditor – helps ensure that the process is robust and won’t slow down the signing of your accounts.

About Us

Recognised as a market leader in capital allowances and R&D