RDS - Sectors - R&D Tax Credits – Technology & Communications
With R&D tax credits, eligible technology and communications businesses can receive help towards covering the cost of corporation tax. R&D for technology and communications is a valuable tool for businesses that are working on innovative projects related to science and technology. Meanwhile, your business can focus on revolutionising the industry.
No upfront fee
We only bill when your claim is successful
£55m+
Unlocked for our clients
£7.6bn
Claimed by UK businesses in the 21/22 financial year
Thanks to research and development – and a lot of hardworking businesses – technology and communications has been transformed as an industry in recent years.
A lot of this has been helped by R&D tax relief, which is there to encourage and support businesses with their science and technology innovation projects. Whether it’s a new technology being developed from scratch or impressive research into the future of communications, innovative businesses are not holding back. Without this innovation, technology and communications might not be where it is today.
At RDS, our experts are able to guide you through the process of claiming R&D for technology and communications. We are professional, experienced and reliable, and we do everything on a ‘No Win No Fee’ basis. If you are eligible for R&D tax relief, RDS is there to handle everything, so you have the highest chance of a successful claim.
Use our handy R&D tax relief calculator to find out how much you could be claiming back.
Please find below a few examples of activities that qualify as R&D expenditure in technology and communications.
You can claim for the following:
an element of staff salary costs as well as employer’s NIC & employer pensions costs relating to employees’ time whilst actively engaged in research and development projects.
carried out by third parties on your behalf relating to the R&D.
used directly in R&D including prototyping and concept development costs.
where the software is required to enable the process of R&D.
related in specific proportions to the R&D projects.
where these costs occur in order to enable your R&D to occur.
We have helped businesses across a range of sectors claim R&D tax credits for their innovative work.
MANUFACTURING
CONSTRUCTION
ENGINEERING
TECHNOLOGY & COMMUNICATIONS
AGRICULTURE
FOOD & DRINK
ARCHITECTURE
SCIENCE & MEDICINE
SOFTWARE & IT
AEROSPACE
DEFENCE & MILITARY
PHARMACEUTICAL
An initial phone call or face-to-face meeting is typically the first step, so that one of our Business Development Managers (BDM’s) can discuss potentially qualifying R&D projects with you & explain the activities that can be included within an R&D claim.
Following a successful eligibility check, our team will officially engage with you & request the straightforward financial information required from you and your accountant in order to analyse the R&D costs. A report call / meeting will also be carried out so that a justification report can be created.
Once the claim financials and report have been completed, our team will liaise with you to discuss the final claim and get feedback from you & a confirmation that all eligible activity has been included. Following the review and claim sign off, we will submit the information to your accountant.
One of the benefits of our approach is that we don’t tread on the toes of your accountant by taking over as your ‘agent’ with HMRC. We pass over the completed claim info to your accountant so that they can alter your corporation tax return (CT600) to include the figures, and also attach the report for HMRC.
With three UK office locations we are always on hand for a call or to meet in person. Start your journey with RDS today.
