With more than 12 years of R&D experience and unrivalled tax and technical expertise, Leyton UK is ideally positioned to unlock potential value within your business. The benefit received can be reinvested in accelerating current or upcoming projects, used to hire new staff or support your overall growth. R&D Tax Credits are available from HMRC for eligible SMEs and large organisations.
Are you developing a new process, a product or service, or perhaps improving an existing one? The R&D Tax Credit scheme is an important HMRC incentive that rewards companies on innovative projects. R&D Tax Credits provide an often vital cash injection for businesses and, to date, Leyton UK has helped thousands of clients successfully claim more than £900m in R&D Tax Relief. Use our R&D Tax Credits calculator below to discover how much you can claim.
HMRC are making important changes to R&D Tax Credits. For expenditure from April, the additional deduction for SMEs will be lowered from 130% to 86%, and the SME credit rate will be reduced from 14.5% to 10%, except for loss-making SMEs that are R&D intensive (where qualifying R&D expenditure adds up to at least 40% of total expenditure). The RDEC rate will rise from 13% to 20%. The categories of qualifying expenditure are also changing. Discover our toolkit below for the full details on preparing for the coming changes.
In this toolkit:
Pre- Notification Fact sheet
Don’t get caught out by the upcoming research and development (R&D) Tax Relief legislation changes. Download our free fact sheet now.
Blog:Â How R&D Tax Credits Are Changing From April 2023:
Find out everything that you need to know about how R&D Tax Credits are changing from April 2023.
White Paper:Â R&D Tax Credits Statistics 2022
Discover what the government’s statistics reveal about the current health of UK R&D.
Webinar Replay: Maximising cash flow through R&D advance funding
Learn how to maximise capital by up to 20% and how to claim an advance on your R&D Tax Credits.
Leyton For Me
Leyton For Me securely eases the exchange of information and documents, guiding you simply and safely across all steps of the R&D claim.
There are two HMRC schemes that allow you to claim valuable R&D Tax Credits:
SME R&D Scheme
To qualify for the SME R&D scheme, a business generally needs:
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< 500 employees
< €100m turnover or €86m net assets
Read more about the SME R&D Scheme.
RDEC
Large companies and certain SMEs can claim R&D Expenditure Credit (RDEC).
Read more about RDEC.
Our clients are based across the length and breadth of the UK, and we have dedicated teams in offices in London, Edinburgh, Glasgow, Manchester and Bristol.
No. of UK businesses supported
6 258
Average benefit per client (£)
49 000
% of UK claims submitted by Leyton
11
Case Studies
Hear from our clients about how working with Leyton has helped them receive important financial benefits from the R&D Tax Credits scheme.
Case Studies
Hear from our clients about how working with Leyton has helped them receive important financial benefits from the R&D Tax Credits scheme.
Consultancy team introduction and key claim stakeholder identification. Basic R&D eligibility assessment and delivery timeline agreed.
Introduction to expenditure categories, R&D project expenditure data provision, financial document provision.
Review and discussion of all eligible projects, selection of key project(s) for claim substantiation (case study).
Introduction to expenditure categories, R&D project expenditure data provision, financial document provision.
Compilation of technical and financial documentation, internal quality audit and resolution of queries.
Final documentation sign-off, tax benefit option agreement, detailed submission guidance and additional submission support.
Our highly experienced in-house teams constantly monitor market development and government funding opportunities to provide the most up-to date cost saving solutions. We offer support around a number of other government schemes including:
We support businesses in winning innovation funding through InnovateUK grants.
We identify, map and analyse patent tax relief opportunities.
Does your business look for innovative solutions to manufacturing challenges?
The engineering sector is constantly working to solve complex problems and improve existing systems.
Are you maximising your claims potential of your innovation?
Did you know that 70% of agricultural businesses are not claiming to their full potential?
Are you finding innovative solutions to construction challenges?
Many Financial Services providers are increasing their R&D spend in software and technology.
Talk to our R&D Tax specialists