Eligibility for the R&D Tax Credit scheme
What qualifies for the R&D Tax Credit scheme and some details to explain each of the criteria.
What qualifies as R&D?
What is regarded as eligible for Research and Development Tax Credits would surprise you. Find out your eligibility now.
Most companies will make improvements and tweaks to out-of-the-box software, or build their own from scratch, and this will qualify for R&D tax credits. There are many things that qualify for R&D Tax Credits, we have detailed a few key areas that apply below.
“One of the most overlooked pieces of innovation in most businesses is the CRM system – the customer management software”
- 1. Developing New Code/ Products
- 2. Issue Diagnosis/ Problem Solving
- 3. Increasing Capability/ Knowledge
- 4. Product Testing
- 5. Investigating Alternative Methods - A/B Testing
- 6. Improving Solutions
Ready to apply?
If you’re ready to apply for your R&D tax refund, please call us on the freephone number below or use this contact form and one of our helpful team will be in touch to help.
By completing the above contact form you consent that Datafox can contact you with regard to an R&D Tax Credits claim and use your details during any future claims.
Stuff you need to know
Learn more about claiming R and D Tax Credits in Architecture from this detailed guide that explains what qualifies as R&D and how to make a successful claim.read more
Find out how Datafox helped an upcoming lighting company, Houseof, gain valuable funding for their innovative range, through HMRC’s R & D tax credit scheme.read more
Here’s how DataFox helped a leading electrical contractor and engineering firm make an R and D tax credit claim for their innovative technology and range of products.read more
Case Study: Brainwave Drinks
Brainwave Drinks Ltd’s business is innovative, healthy functional drinks. They created, developed and launched in the UK the Brainwave range of drinks, which are unique – helping maintain brain health and cognitive performance. Similarly, their ProWater range of drinks – high protein, low calorie, great tasting and refreshing (not chalky). The protein is fully soluble – again unique in their markets.