Over 15,000 businesses from a wide range of industries currently apply for R&D credits and over 80% of these are small businesses.
In addition, the government recently announced plans to improve access for small companies to R&D tax credits, so there has never been a better time to see if you’re eligible.
We fully support the government’s plans to make R&D tax credits more accessible and as a result, launched Nifty R&D to help small businesses easily find out if they are eligible and if so, help them make claims efficiently.
You’re likely to qualify if your business is:
a UK trading company,
does not receive funding for its R&D activities (nor has the work being subcontracted to your business)
meets the definition of an SME (see what is an SME?)
undertakes development which is advancing science or technology and facing challenges in doing so (see what is R&D?)
If you’re still not sure if you’re eligible, contact us via firstname.lastname@example.org.