R&D Tax Credits

By using R&D tax credits, businesses can reduce the amount of corporation tax they pay by offsetting the cost of research and development.

Zyla Accountants will help you claim this valuable tax relief for R&D.

Supporting your claim

At Zyla Accountants, we will help you claim R&D tax credits as part of your corporation tax return - either at the time of filing or as an amended return. Corporation tax claims can be made up to two years after the end of the tax period by HMRC.

  • Tax credits for R&D are a government incentive. Incentives are designed to reward innovative projects among UK businesses. Cash injections can be provided to businesses that meet the criteria and submit a claim.

  • In order to find out if you qualify for R&D Tax Credits, you should speak to an advisor. The following are some of the main criteria you need to meet:

    You have developed new products, processes, or services (or enhanced existing ones).

    Limited companies in the UK are subject to Corporation Tax (profitable and loss-making companies can claim).

    Within the past two accounting years, you've carried out qualifying research and development activities.

  • To claim tax credits, you must show how much you spent on your R&D project. R&D tax credits are available for the following types of expenditures:

    • Personnel (e.g. salaries, expenses, NICs, etc.)

    • Freelancers and subcontractors

    • Software of certain types

    • R&D materials and consumables (heat, light, and power)

  • Zyla Accountants have helped many companies claim R&D Tax Relief Claims successfully.

    We're here to maximise your R&D benefits, whether you're a newcomer to the process or have been claiming for years.

    The claims process will be managed by us from start to finish, including; identifying expenses, calculating, writing the technical report, and conducting industry research.

    We know how to ensure compliance with your R&D claim as your trusted R&D partner.

R&D TESTIMONIALS FROM CLIENTS

R&D Claim - Zyla Accountants

Get the rewards for your innovation. Make your business grow.

  • Experts in research and development

  • A transparent, cost-effective pricing system

  • End-to-end support and easy switching

  • Cloud based platform

  • No payment until funds are received

  • There are no additional charges for enquiry support