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R & D Tax Credits Claim

West Midlands precision engineering company successfully claims:



Research and Development Tax Credits

What costs are eligible for R&D Tax Credits?

There are four main categories:

  • Staffing costs - salary, national insurance costs, pension contributions.
  • Consumable and transformable materials - materials consumed/transformed in the R&D process, software used directly in the R&D.
  • A proportion of your utilities, including power, fuel and water.
  • Externally provided workers:
    • Agency staff and workers provided by group employment companies.
    • Sub-contractors and external 'experts'.
    • Payments to qualifying bodies/contributions to independent R&D efforts.

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