Why Choose to work with Reclaim Tax UK
At Reclaim Tax UK, we specialise in simplifying R&D tax reliefs for small businesses. Through our partnership with Hashtag Events, we’re here to help you take advantage of this valuable opportunity.
What's in it for me?
Testimonials
“Reclaim Tax UK provided very good guidance and support throughout the whole process. Their clear advice and professional approach made everything much simpler and stress-free."
Phil Allmark
Marketing Director at Asset Surfacing Ltd
"We were introduced to Reclaim Tax UK via our accountants with regards to Research and Development Tax Relief. Whilst we are a small company I was extremely satisfied with the service they provided and the outcome of our claim.“
Gavin Jones
Managing Director at The Shire Co.
“We were thoroughly impressed by the speed and efficiency provided by Reclaim Tax. They provided us with the guidance and support we needed to successfully make our claim.
Their knowledge and specialist expertise were invaluable to us. Reclaim Tax has proved to be a reliable and trustworthy partner and we would not hesitate to recommend to others.”
Darren Richards
Managing Director at Cogent Consulting
FAQ
On this page, you will find answers to the most popular questions of our customers. Didn’t find what you need? Just send us a request.
Do I qualify for R&D tax relief if I run a small business?
Absolutely! R&D tax relief is specifically designed to benefit businesses of all sizes, including SMEs. If you’ve invested in projects to develop or improve products, processes, or services, you may qualify – even if the project wasn’t successful.
What kinds of projects qualify for R&D tax relief?
Any project aiming to resolve scientific or technological uncertainties could qualify. This includes creating new products, improving existing ones, or developing more efficient processes. Even routine problem-solving in your business might be eligible.
I don’t have a dedicated R&D department – can I still claim?
Yes, you don’t need a formal R&D department. Many small businesses unknowingly carry out qualifying R&D activities as part of their daily operations. We can help identify if your work qualifies.
How much could my business claim?
The amount varies, but for SMEs, you can deduct up to 186% of qualifying R&D costs from your taxable profit. If your company is loss-making, you could claim a tax credit worth up to 14.5% of the surrenderable loss.
What costs can I include in my claim?
Answer: Eligible costs include:
1. Staff wages and employer NICs
2. Materials and consumables used in R&D
3. Software and cloud computing
4. Subcontractor and freelance costs
5. Utilities like power and water used during R&DIs the R&D tax relief claim process complicated?
It doesn’t have to be! Our team of experts will guide you through the process, from identifying qualifying activities to preparing and submitting your claim to HMRC. We make it hassle-free so you can focus on your business.
What happens if HMRC rejects my claim?
We work hard to ensure your claim meets HMRC’s requirements. In the rare event of a query or rejection, our specialists will handle the situation, providing all the evidence needed to support your claim.