R&D TAX CREDITS

For UK Manufacturers

Claiming R&D Tax Credits for Your Manufacturing Business

If you are a manufacturing business building new machinery, developing news tools and products, or testing cutting-edge prototypes, you could qualify for thousands of pounds worth of R&D Tax Credits. Here’s what you need to know. 

What are R&D Tax Credits?

R&D Tax Relief – also called R&D Tax Credits – is a government scheme that provides tax cuts and cash lump sums to companies conducting research and development. 

R&D Tax Credits works by refunding companies up to 33% of the money they invest in things like wages, equipment and raw materials.

Since it was launched in 2000, R&D Tax Relief has provided over £40 billion to British companies, with no industry claiming more funding than manufacturing.  

The Missing Millions

The UK manufacturing sector claims more R&D Tax Relief than any other industry. But government figures show that manufacturers are still leaving hundreds of millions of pounds worth of R&D Tax Relief on the table.

Am I Eligible for R&D Tax Relief?

Thousands of companies claim R&D Tax Credits every year. Still, working out whether you’re eligible isn’t the easiest thing in the world.

One of the big problems is that HMRC has a unique and complicated definition of ‘R&D’. One that you won’t find anywhere else and that can be hard to compare against your work. 

Still, to make things as easy as possible, we’ve broken down the eligibility into six questions. 

If you answer ‘yes’ to all of them, there’s a good chance you should be filing a claim.

Find out if you're eligible...

Take Our Eligibility Quiz

Find out of you're eligible for R&D Tax Credits with our 30-second quiz

Free Eligibility Check

...or speak directly to one of our R&D specialists for a free eligibility check

Which Costs Can I Claim For?

There are eight kinds of costs that are eligible for R&D Tax Credits. They include:

Staff Costs

Staff Costs

Salaries, wages, national insurance, pension contributions and bonuses are all eligible for R&D Tax Relief.

Prototypes

Prototypes

You can claim 100% of materials and construction costs for prototypes and some first-in-class products.

Consumables

Consumables

Consumables include costs for new equipment, components, and raw materials. Utilities like light and electricity used in R&D are also eligible.

Subcontractors

Subcontractors

You can claim up to 65% of subcontractor fees so long as the subcontractors are working on an eligible R&D project.

Let Our Specialists Handle Your R&D Tax Credits Claim

As a manufacturing business, your focus should be on making products, designing new solutions and acquiring new customers. Not compiling fiddly claims for tax relief. That’s where we come in.

By managing your claims process from start to finish, GrantTree’s experts will maximise your R&D Tax Credits claim while freeing you to focus on the things that matter most to your business.

Over £300 million secured for our clients

More than 3000 R&D Tax Credits claims filed

A leading team of 50 tax and technical experts

100% claim acceptance rate for R&D Tax Credits

Case Study: Ming Foods

How GrantTree helped Ming Foods feast on £128,000 worth of R&D Tax Credits

Ready to Build a Better Claim?

GrantTree’s team of tax credits experts will make sure you’re claiming for every penny possible. Unlike our competitors, we invest in people who understand both policy and your technology. That’s how we’re able to maximise your claim size while ensuring you stay 100% compliant.

If you want to maximise your claim while saving time, money and stress, just give us a call.