1. R&D tax credits explained
  2. R&D Tax Credit Calculator.How To Calculate Your R&D Claim

How to calculate R&D tax credits

How do changes to R&D tax relief affect the value of my claim?

In his Autumn Statement in November 2023, the Chancellor confirmed the introduction of a merged scheme for R&D tax relief for accounting periods beginning on or after 1 April 2024. A number of other reforms were announced, including a reduced threshold for R&D-intensive SMEs.

This means that, despite talk of a single scheme, two separate incentives will remain in place. The threshold for companies to qualify as R&D intensive reduces from 40% to 30% for accounting periods beginning on or after 1 April 2024.

These changes will have differing effects on the value of R&D tax credits depending on the size and type of company claiming. New rules on specific aspects of R&D tax, including overseas R&D and contracting out R&D, add a further layer of complexity.

While a calculator cannot accurately assess the value of your claim, our tool provides an indication of how your future benefit could vary under the merged and R&D intensive SME schemes.

Calculate my R&D tax relief benefit

The new R&D tax relief rates

The table below shows how R&D tax relief rates have changed in recent years. The merged scheme applies for accounting periods beginning on or after 1 April 2024.

Current incentives Current incentives Merged scheme
Your business SME R&D tax incentive RDEC Merged scheme SME intensive scheme
Company type Before 1 April 2023 After 1 April 2023 Before 1 April 2023 From 1 April 2023 From 1 April 2024 From 1 April 2024
Loss-making SME Up to 33.35% Up to 18.6% 10.5% 15% 16.2%
Profit-making SME Up to 24.7% Up to 21.5% 10.5% Up to 16.2% Up to 16.2%
R&D intensive SME Up to 27% Up to 27%
Large company 10.5% Up to 16.2% Up to 16.2%

Our impact calculator provides an indicative guide to businesses looking to assess what the new rates will mean for their future R&D tax relief claims. However, it is no substitute for tailored advice from ForrestBrown’s expert team, so please do get in touch for a more detailed analysis.

How to calculate R&D for SMEs

For the purposes of R&D tax relief, SMEs are classified as having fewer than 500 staff and not more than either €100 million turnover or €86 million gross assets.

For profit-making SMEs, R&D relief reduces your Corporation Tax bill. The rate of relief is up to 21.5%.

If you’re a loss-making SME, you’ll typically receive R&D relief in the form of a cash credit because you don’t have a tax liability to offset. The rate of relief is 19%.

Loss-making SMEs classed as R&D intensive (spending 40% or more of total business expenditure on R&D) are eligible for a higher rate of relief of 27%.

Read more on current R&D tax credit rates for SME incentive.

How to calculate R&D for RDEC

The Research and Development Expenditure Credit (RDEC) is primarily for large companies. But the incentive is also for those SMEs who in some instances can’t use the SME R&D tax credit.

Your RDEC claim generates a taxable above-the-line credit of 20% of your identified R&D costs. As this is taxable it results in a net benefit of up to 16.2% after tax.

These costs can be offset against your tax bill or, if there is no tax payable, you could receive the net amount as cash.

Read more on current R&D tax credit rates for RDEC.

Calculate the impact of R&D tax relief rates under the merged scheme

Our R&D tax relief calculator helps you assess the indicative impact of changes to rates of relief introduced for accounting periods beginning on or after 1 April 2024. So, the first accounting periods to fall under the merged scheme will be those that end on 31 March 2025.

SME

Fewer than 500 staff and either not more than €100 million turnover or €86 million gross assets.

Companies of all sizes come under a merged R&D tax relief scheme for accounting periods beginning on or after 1 April 2024, with the exception of loss-making SMEs whose qualifying R&D costs make up 30% or more of total business expenditure.

  • Profit making

    • £50,000 spend

      Do you know what costs qualify for R&D tax relief? What costs qualify for R&D tax relief?

      We estimate you could receive up to £​ 7500 as a tax credit

      To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

      £50,000  x  20% (above the line credit)  =  £10,000
      After applying  25% (Corporation Tax rate)  =  £7,500
      £7,500  /  £50,000  =  15% (effective rate)

      Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £250,000 spend

      Do you know what costs qualify for R&D tax relief? Find out more

      We estimate you could receive up to £​ 37500 as a tax credit

      To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

      £250,000  x  20% (above the line credit)  =  £50,000
      After applying  25% (Corporation Tax rate)  =  £37,500
      £37,500  /  £250,000  =  15% (effective rate)

      Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £500,000 spend

      Do you know what costs qualify for R&D tax relief? How do you identify how much R&D each staff member does?

      We estimate you could receive up to £​ 75000 as a tax credit

      To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

      £500,000  x  20% (above the line credit)  =  £100,000
      After applying  25% (Corporation Tax rate)  =  £75,000
      £75,000  /  £500,000  =  15% (effective rate)

      Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £1,000,000 spend

      Do you know what costs qualify for R&D tax relief? How do you identify how much R&D each staff member does?

      We estimate you could receive up to £​ 150000 as a tax credit

      To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

      £1,000,000  x  20% (above the line credit)  =  £200,000
      After applying  25% (Corporation Tax rate)  =  £150,000
      £150,000  /  £1,000,000  =  15% (effective rate)

      Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

  • Loss making

    • £50,000 spend
      • £50,000 total expenditure

        Do you know how much you can claim for your subcontractors? Can I claim R&D tax relief on subcontractors?

        We estimate you could receive up to £​ 13485 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £50,000  x  86% (enhancement rate)  =  £43,000
        £50,000  +  £43,000 (enhancement)  =  £93,000 (enhanced expenditure)
        £93,000  x  14.5% (surrender rate)  =  £13,485
        £13,485  /  £50,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £50,000 spend

        £100,000 total expenditure

        Do you know what costs qualify for R&D tax relief? Find out more

        We estimate you could receive up to £​ 13485 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £50,000  x  86% (enhancement rate)  =  £43,000
        £50,000  +  £43,000 (enhancement)  =  £93,000 (enhanced expenditure)
        £93,000  x  14.5% (surrender rate)  =  £13,485
        £13,485  /  £50,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £50,000 spend

        £250,000 total expenditure

        Do you know what costs qualify for R&D tax relief? What costs qualify for R&D tax relief?

        We estimate you could receive up to £​ 8100 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £50,000  x  20% (above the line credit)  =  £10,000
        After applying  19% (Corporation Tax rate)  =  £8,100
        £8,100  /  £50,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

      • £50,000 spend

        £500,000 total expenditure

        Do you know what costs qualify for R&D tax relief? How do you identify how much R&D each staff member does?

        We estimate you could receive up to £​ 8100 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £50,000  x  20% (above the line credit)  =  £10,000
        After applying  19% (Corporation Tax rate)  =  £8,100
        £8,100  /  £50,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £250,000 spend
      • £250,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 67425 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £250,000  x  86% (enhancement rate)  =  £215,000
        £250,000  +  £215,000 (enhancement)  =  £465,000 (enhanced expenditure)
        £465,000  x  14.5% (surrender rate)  =  £67,425
        £67,425  /  £250,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £250,000 spend

        £500,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 67425 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £250,000  x  86% (enhancement rate)  =  £215,000
        £250,000  +  £215,000 (enhancement)  =  £465,000 (enhanced expenditure)
        £465,000  x  14.5% (surrender rate)  =  £67,425
        £67,425  /  £250,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £250,000 spend

        £1,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 40500 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £250,000  x  20% (above the line credit)  =  £50,000
        After applying  19% (Corporation Tax rate)  =  £40,500
        £40,500  /  £250,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

      • £250,000 spend

        £2,500,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 40500 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £250,000  x  20% (above the line credit)  =  £50,000
        After applying  19% (Corporation Tax rate)  =  £40,500
        £40,500  /  £250,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £500,000 spend
      • £500,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 134850 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £500,000  x  86% (enhancement rate)  =  £430,000
        £500,000  +  £430,000 (enhancement)  =  £930,000 (enhanced expenditure)
        £930,000  x  14.5% (surrender rate)  =  £134,850
        £134,850  /  £500,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £500,000 spend

        £1,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 134850 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £500,000  x  86% (enhancement rate)  =  £430,000
        £500,000  +  £430,000 (enhancement)  =  £930,000 (enhanced expenditure)
        £930,000  x  14.5% (surrender rate)  =  £134,850
        £134,850  /  £500,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £500,000 spend

        £2,500,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 81000 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £500,000  x  20% (above the line credit)  =  £100,000
        After applying  19% (Corporation Tax rate)  =  £81,000
        £81,000  /  £500,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

      • £500,000 spend

        £5,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 81000 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £500,000  x  20% (above the line credit)  =  £100,000
        After applying  19% (Corporation Tax rate)  =  £81,000
        £81,000  /  £500,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

    • £1,000,000 spend
      • £1,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 269700 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £1,000,000  x  86% (enhancement rate)  =  £860,000
        £1,000,000  +  £860,000 (enhancement)  =  £1,860,000 (enhanced expenditure)
        £1,860,000  x  14.5% (surrender rate)  =  £269,700
        £269,700  /  £1,000,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £1,000,000 spend

        £2,500,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 269700 as a tax credit

        Alongside the merged scheme, the enhanced rate for R&D intensive loss-making SMEs (introduced in April 2023) continues to operate under the previous SME model. For accounting periods beginning on or after 1 April 2024, businesses spending 30% or more of overall business expenditure on R&D qualify for an enhanced rate.

        £1,000,000  x  86% (enhancement rate)  =  £860,000
        £1,000,000  +  £860,000 (enhancement)  =  £1,860,000 (enhanced expenditure)
        £1,860,000  x  14.5% (surrender rate)  =  £269,700
        £269,700  /  £1,000,000 =  27%

        This calculation assumes total losses post your R&D claim exceed the enhanced expenditure calculated. If this is not the case the 14.5% must be applied to your lower total loss figure.

      • £1,000,000 spend

        £5,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 162000 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £1,000,000  x  20% (above the line credit)  =  £200,000
        After applying  19% (Corporation Tax rate)  =  £162,000
        £162,000  /  £1,000,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

      • £1,000,000 spend

        £10,000,000 total expenditure

        Get in touch to find out how to calculate your total business expenditure.

        We estimate you could receive up to £​ 162000 as a tax credit

        To reward businesses for their investment, the government allows you to enhance your qualifying expenditure. You may then surrender losses up to the value of your enhanced R&D expenditure for a payable tax credit.

        £1,000,000  x  20% (above the line credit)  =  £200,000
        After applying  19% (Corporation Tax rate)  =  £162,000
        £162,000  /  £1,000,000  =  16.2% (effective rate)

        Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

Large company

500 staff or more and either more than €100 million turnover or €86 million gross assets.

  • £50,000 spend

    Do you know what costs qualify for R&D tax relief? What costs qualify for R&D tax relief?

    We estimate you could receive up to £​ 7500 as a tax credit

    Estimate based on 25% Corporation Tax rate.

    To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

    £50,000  x  20% (above the line credit)  =  £10,000
    After applying  25% (Corporation Tax rate)  =  £7,500
    £7,500  /  £50,000  =  15% (effective rate)

    Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

  • £250,000 spend

    Do you know what costs qualify for R&D tax relief? Find out more

    We estimate you could receive up to £​ 37500 as a tax credit

    Estimate based on 25% Corporation Tax rate.

    To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

    £250,000  x  20% (above the line credit)  =  £50,000
    After applying  25% (Corporation Tax rate)  =  £37,500
    £37,500  /  £250,000  =  15% (effective rate)

    Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

  • £500,000 spend

    Do you know what costs qualify for R&D tax relief? How do you identify how much R&D each staff member does?

    We estimate you could receive up to £​ 75000 as a tax credit

    Estimate based on 25% Corporation Tax rate.

    To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

    £500,000  x  20% (above the line credit)  =  £100,000
    After applying  25% (Corporation Tax rate)  =  £75,000
    £75,000  /  £500,000  =  15% (effective rate)

    Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

  • £1,000,000 spend

    Do you know what costs qualify for R&D tax relief? How do you identify how much R&D each staff member does?

    We estimate you could receive up to £​ 150000 as a tax credit

    Estimate based on 25% Corporation Tax rate.

    To reward businesses for their investment, the government allows you to enhance your qualifying expenditure.

    £1,000,000  x  20% (above the line credit)  =  £200,000
    After applying  25% (Corporation Tax rate)  =  £150,000
    £150,000  /  £1,000,000  =  15% (effective rate)

    Please note that there are seven steps in calculating the payable merged scheme credit. The second step of the process will be impacted by the company’s taxable profit position prior to the R&D claim. For a company with taxable profits in excess of £50,000 the relevant Corporation Tax rate is 25%, for any company in a loss-making position or with taxable profits less than £50,000 the relevant Corporation Tax rate is 19%. This important difference will have an impact on the effective rate a company will be eligible to receive.

Limitations of a tax credit calculator

Although it’s a useful indicator for businesses planning R&D investment, our calculator is no replacement for advice from our expert team. Get in touch below to find out more.

Discuss your claim with our expert team

Get in touch to arrange a claim review with our expert team