R&D tax credits for professionals and science

It may not be a surprise that this is the sector that claims the most in R&D tax relief. When we think of R&D activity it could well be that scientific or engineering firms come to mind. They are likely to have R&D as their core purpose and tend to have multiple qualifying projects. These firms can use these claims to help develop and test new products, materials and technologies.

11,570
Claims

£1,280
Million

£110,631
Average claim value

Source: HMRC R&D tax credits statistics 2020

2020 Innovation is the leading organisation for the profession, I find it’s always relevant, strong on communication and cares for its member’s concerns. In the difficult current market conditions it often provides the good news, we need to hear.

Trevor Dempsey, Gregory Priestly & Stewart

I picked up some ideas that I will take back to my practice and put into action. This happens every year!

Roger Smallman, Roger Smallman and Co Ltd

Real life and forward thinking solutions to real problems. Excellent value.

Stuart Rosenberg, Gerald Edelman

A good overview for accountancy practices who want to embrace cloud based systems.

Leonard Booth, Pelham ,  Pelham

2020 Tax Protection’s marketing support and advice has helped me to nearly triple my take up rates and enabled me to run a full group scheme at my practice.

Iain Bottrill, Kent & Sussex Accountancy Services

Location Content Controls

You appear to be visiting fromoutside of the UK.

What content would you like to see?

You can change your choice using the content filter option in the menu bar.