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We have capacity to assist with individuals or businesses accounting, tax and business advice.
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We have capacity to assist with individuals or businesses accounting, tax and business advice.
Learn More
We have capacity to assist with individuals or businesses accounting, tax and business advice.
Maximize Your R&D Tax Relief
Increase Your Business Gains and Leverage All Forms of Reliefs on Your R&D Taxes
0203 442 1900
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Are you looking for Research and Development (R&D) Tax Relief? Do you require support in managing your tax affairs to ensure maximum gains? Oxbridge Accountants can help you out.
Our R&D Tax Relief Specialists can help you effectively reduce your tax bills, and ensure large returns for your business.
Our Testimonials
Wow! Oxbridge Accountants are a real genius in their fields. They have amazing insight and expertise throughout to help with any question relating to business start-ups, tax, VAT returns, bookkeeping and general accounting services. They go the extra mile. They offer a more strategic business growth support for success. They are first class! I recommend them highly.
Kevin at South London office was friendly and highly professional. He provided comprehensive information and advice that was understandable. I felt he had my best interest at heart and wanted to see my business grow. I find “anything about Tax” to be scary, but he was able to allay my fears. There was no pressure to buy his service. I have actually put my tax return in his hands. services.
Kevin at South London office was friendly and highly professional. He provided comprehensive information and advice that was understandable. I felt he had my best interest at heart and wanted to see my business grow. I find “anything about Tax” to be scary, but he was able to allay my fears. There was no pressure to buy his service. I have actually put my tax return in his hands.
Had our first consultation today with Bilal today and cannot recommend and thank him enough. We were struggling with our capital gains tax and other tax return and he sorted it immediately He helped us to submit a return under 24 hours, despite the messy record keeping. It was refreshing to have such professional advice along with such humanity. 
Verity Accountants and Business Advisors are focused on offering award-winning services in a timely manner. They pay great attention to details and ask very important question that helps for accurate reporting and money saving. I sincerely recommend Verity Accountants to anyone seeking first calss accountancy services.
Mark, A. Director – Mayfair Trading Services ***** We have received exceptional services and support for the past years from Verity Accountants Ltd for all our bookkeeping, tax and accounting matters. They are completely committed to our needs. They treat us as individual and as a partner. They bring a breath of fresh air into our business. I would highly recommend Verity Accountants Ltd to any business looking for their type of accounting services.
Verity Accountants and Business Advisors are focused on offering award-winning services in a timely manner. They pay great attention to details and ask very important question that helps for accurate reporting and money saving. I sincerely recommend Verity Accountants to anyone seeking first calss accountancy services.
Amber receives business and accountancy services from Verity Accountants including an all-round service, such as payroll, VAT returns and End of year accounting services. The fabulous services have removed a lot of administrative burden so we are now able to focus fully on developing our business.
R&D Tax relief can be claimed for a wide range of activities and costs, including employee costs, subcontracted R&D, consumable items, and software. It is also possible to claim R&D Tax relief for some capital expenditure, such as the cost of building a research facility.
Claiming R&D Tax relief can be complex and time-consuming, so many companies choose to use the services of a specialist R&D Tax advisor. These advisors can help companies to identify qualifying R&D activities and costs, prepare and submit R&D Tax relief claims, and provide ongoing support and advice.
What is Research and Development Tax?
Research and Development (R&D) Tax is a tax relief program that is intended to encourage companies to invest in research and development activities that will help to improve their products, processes, or services. The R&D Tax relief program is available to companies of all sizes and sectors in the UK and it can be claimed as a reduction in the company’s corporation tax liability.
The program allows companies to claim back a percentage of their R&D expenditure as a credit against their corporation tax liability, which can result in significant tax savings for the company. The rate of relief varies depending on the size of the company, and whether the company is a small or medium-sized enterprise (SME) or a larger company.
To qualify for R&D Tax relief, a company must be carrying out R&D activities that aim to make an advance in science or technology. This includes activities such as developing new products or processes, improving existing products or processes, or resolving scientific or technological uncertainties.
How Can You Leverage Reliefs on R&D Taxes?
Identify qualifying R&D activities: In order to claim R&D Tax relief, a company must be carrying out R&D activities that aim to make an advance in science or technology. It is important to accurately identify and document these activities, as well as the costs associated with them.
Keep detailed records: Keeping detailed records of R&D expenditure is crucial for claiming R&D Tax relief. It is important to keep records of employee costs, subcontracted R&D, consumable items, and software, as well as any capital expenditure such as the cost of building a research facility.
Use R&D Tax relief calculators: There are several R&D Tax relief calculators available online that can help companies to estimate the potential savings from R&D Tax relief. These calculators can be a useful tool for determining whether it is worth the effort to claim R&D Tax relief.
Seek expert help: R&D Tax relief can be complex and time-consuming, so many companies choose to use the services of a specialist R&D Tax advisor. These advisors can help companies to identify qualifying R&D activities and costs, prepare and submit R&D Tax relief claims, and provide ongoing support and advice.
Make use of the patent box: Companies that hold patents can benefit from the Patent Box regime, which allows companies to apply a lower rate of corporation tax to profits attributed to patents. This can be beneficial for companies that have invested in R&D to develop new products or processes.
Take advantage of the R&D expenditure credit: This is a corporation tax relief for companies with limited R&D expenditure. It allows companies to claim a credit of up to 14.5% of their R&D expenditure.
Utilize the Small or Medium-sized Enterprise (SME) Scheme: SMEs can claim a higher rate of relief under the SME Scheme, up to 230% of their qualifying R&D expenditure.
Look into the Research and Development Allowance (RDAs): These are capital allowances that can be claimed on certain R&D expenditure, such as the cost of building a research facility or buying scientific equipment.
As you can see, it is kind of like rocket science, and unless you hire our professional R&D tax relief specialists, you cannot leverage them all yourself.
Why Choose Oxbridge Accountants for your R&D Tax Relief and Management Services?
At Oxbridge Accountants Limited, we have a team of expert R&D Tax relief professionals who have years of experience working with companies of all sizes and sectors. Our team can help you to identify qualifying R&D activities, document R&D expenditure, prepare and submit R&D Tax relief claims, and provide ongoing support and advice.
Here are a few reasons why you should consider hiring Oxbridge Accountants Limited for R&D Tax relief services:
Expertise: Our team of R&D Tax relief professionals are highly experienced in the field and have the knowledge and skills necessary to help you claim R&D Tax relief.
Tailored services: We understand that every business is unique, and we will work with you to create a customized solution that meets your specific needs.
Time-saving: We will save you time by handling the process of claiming R&D Tax relief, so you can focus on running your business.
Increased accuracy: We will increase the accuracy of your R&D Tax relief claim by providing you with real-time data on your business’s R&D expenditure.
Improved tax compliance: We will ensure that you stay compliant with tax regulations by providing you with the necessary tools and information to claim R&D Tax relief.
Better collaboration and access to data: Our team will provide you with access to R&D Tax relief data and collaborate with you to ensure that you are getting the most out of the relief.
Customizable reports: We will provide you with detailed and customizable reports that will give you a comprehensive view of your business’s R&D Tax relief claim.
Contact us
Contact us if you would like to know more about our services or to book your free telephone or video consultation.
