Who Can Claim?
What’s New?
From April 2024, most overseas R&D costs are excluded unless:
It is wholly unreasonable to replicate the conditions in the UK
The activity is dependent on geography, specific resources or expertise not available domestically
FI Group can help assess whether your overseas costs meet the exemption thresholds and guide you through compliant reporting. Book a meeting today to understand you eligibility for R&D tax credits in the UK.
If you’re unsure whether your projects qualify, or how the recent reforms affect your eligibility, get in touch with FI Group for a no-obligation consultation. Our team will walk you through the criteria and help you make an informed decision.
Determining Eligibility for R&D Tax Credits in the UK can be complex, especially under the new regime. FI Group offers tailored expertise to ensure:
Accurate, compliant eligibility assessments
Inclusion of all qualifying projects and costs
Robust technical and financial documentation
Support in the event of HMRC enquiries
Peace of mind and maximised relief
Our low enquiry rate, in-year claim processing, and team of PhD-qualified scientists and engineers mean you are in expert hands from start to finish.
Determining Eligibility for R&D Tax Credits in the UK can be complex, especially under the new regime. FI Group offers tailored expertise to ensure:
Accurate, compliant eligibility assessments
Inclusion of all qualifying projects and costs
Robust technical and financial documentation
Support in the event of HMRC enquiries
Peace of mind and maximised relief
Our low enquiry rate, in-year claim processing, and team of PhD-qualified scientists and engineers mean you are in expert hands from start to finish.
Determining your eligibility for R&D tax credits is crucial because many companies underestimate their chances of qualifying. We speak to companies every day who assume R&D incentives “don’t apply” to them – in reality, the definition of R&D for tax purposes is broader than you might think.
If your business is attempting to overcome scientific or technological challenges, there’s a strong chance you could qualify for a valuable tax reduction or cash credit. By understanding the eligibility criteria and confirming your R&D tax credit eligibility, you ensure your company doesn’t leave money on the table. In a competitive market, this funding can be a game-changer for SMEs and larger enterprises alike, improving cash flow and enabling further innovation.
R&D Tax Credits are not limited to high-tech or scientific fields. If your business is innovating in any meaningful way, you could qualify. Sectors we commonly support include:
Manufacturing and engineering
Software and IT
Construction and architecture
Food and beverage
Pharmaceuticals and life sciences
Renewable energy and cleantech
Financial services and fintech
Whatever your industry, FI Group can help assess your eligibility with sector-specific expertise.