R&D Expenditure Credit (RDEC)

As the UK’s leading specialist R&D tax consultancy, we’re here to help you get the most out of your RDEC claim.Our dedicated team provides an end-to-end service for larger businesses, allowing them to receive up to 20% tax relief on eligible expenses.

Find out how much you can claim! arrow_outwardarrow_outward

Request our April 2023 R&D Changes Resource Toolkit

Your request has been received, and the toolkit will be delivered to your inbox shortly. Thank you.

What is RDEC?

Large companies and certain SMEs can claim a Research and Development Expenditure Credit (RDEC) for working on R&D projects that make an advance in science or technology.

From 1 April 2020 to 31 March 2023, the RDEC rate was 13% of eligible R&D expenditure. From 1 April 2023, the rate rose from 13% to 20%.

Is RDEC right for my business?

Large companies, and SMEs unable to claim under the SME R&D Scheme, can generally apply for RDEC benefits. Companies are classed as large if they:
• employ more than 500 people;
• have a turnover of more than €100m and a balance sheet of more than €86m.

Minimising risk and maximising RDEC

Leyton is the largest independent R&D tax consultancy in Europe with the highest volume of R&D tax claims across the UK.
The benefit of working with a specialist R&D tax consultancy when claiming Research & Development Expenditure Credit (RDEC) is the peace of mind that all eligible costs will be compliantly included in your claim.
Leyton is a member of the HMRC consultative committee for R&D incentives. As a result we meet with the HMRC team overseeing R&D quarterly.
Our consultants are educated to MSc/PhD level with 5+ years’ experience in industry, allowing them to work closely with your business to identify all qualifying expenditure to maximise the financial benefits you can claim.

Our Experts

Dominic Landman

Head of Major Accounts

Elena Karadzhova

Head of Consulting

Our Solution

Increase efficiency – Using our expert knowledge, we will efficiently review your existing R&D capturing process and input improvements to help maximise the value of your claim
Mitigate risk – From a compliance perspective, our wealth of tax expertise and close links with HMRC ensure you are consistently aligned with new tax legislation and regulations, mitigating the risk of an enquiry.
Improve your net financial benefit – Our team has a wealth of experience in maximising the potential value of claims, and our technical processes get under the skin of your business to undercover all possible areas which can be claimed for, rather than a one-size-fits-all approach.

Our process

Introduction

Consultancy team introduction and key claim stakeholder identification. Previous R&D claims assessment and delivery timeline agreed.

Financial Discovery

Exploration of expenditure categories, R&D project expenditure data provision, financial document provision.

Technical Scoping

Review and discussion of all eligible projects, selection of key project(s) for claim substantiation (case study).

Financial Discovery

Introduction to expenditure categories, R&D project expenditure data provision, financial document provision.

Claim Package

Compilation of technical and financial documentation, internal quality audit and resolution of queries.

Submission

Final documentation sign-off, tax benefit option agreement, detailed submission guidance and additional submission support.

Case Studies

Hear from our clients about we have helped them receive valuable financial benefits from the R&D Tax Relief schemes.

Winch Design

Winch Design is the UK’s leading super yacht and private jet architect. The process for Winch Design’s first claim involved in-depth interviews between Leyton and the company’s design team to assemble the information required by HMRC to maximise the value of their claim.

Real Wireless

Real Wireless are an independent wireless advisory firm working in the wireless tech sector. They had claimed R&D Tax Credits for three years previously and when they approached Leyton the business was running out of time to complete their claim.

Hyspec Engineering

Hyspec Engineering is a subcontractor in the oil & gas industry. Hyspec partnered with Leyton on their R&D Tax Credit claim and their Energy Tax Relief claim. R&D is part and parcel of the company ethos, and they try and do things as innovatively as possible.

Case Studies

Hear from our clients about we have helped them receive valuable financial benefits from the R&D Tax Relief schemes.

Winch Design

Real Wireless

Hyspec Engineering

Other Leyton services which may interest you

Our highly qualified 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:

Patent Box
We identify, map and analyse patent tax relief opportunities.
Grants
We help cutting-edge businesses to win innovation funding.
Land Remediation
We help businesses claim back the costs of ‘cleaning up’ contaminated land.

Our Partners