Have you checked if your company isn’t missing out and qualifies for R&D Tax claims?

What are R&D Tax credits

R&D tax credits are a relief designed to encourage companies to design and develop excising new products and services – promoting innovation! They work by reducing a company’s tax bill by an amount equal to a percentage of the company’s allowable R&D expenditure.

How much can you claim?

The amount you can claim depends on a number of factors, such as the size of your company, the sort of business activities you have, how you carry out your R&D etc.

In short, companies can deduct up to 230% of qualifying R&D expenditure when calculating profits for tax purposes. So for example, if a tax paying SME spends £100,000 or more on qualifying R&D expenditure, then it would receive around £25,000 as an R&D tax credit.

How do you make a claim?

At Lighthouse, our background in Engineering and Accountancy separates us from other traditional accountancy practices. We have a proven track record of making 100% successful claims to HMRC.

Our dedicated team of specialists will go through your business activities with a fine tooth comb and pick out all the expenditure which qualify for R&D. We’ll prepare a report with numerical analysis of your company’s R&D activities and present it to HMRC.

Upon submission you could receive cash back from HMRC, reduce your existing or future tax bill, or enhance losses to offset against future profits.

Check if you qualify?

Why not let Lighthouse check if you can claim right now. Simply complete our form and someone will be in touch very shortly. And if you’re really eager to get the ball rolling simply give us a call or drop us an email.

Research & Development Tax Credits

Contact Us

42-44 Chorley New Road, Bolton, BL1 4AP

01204 216210


We are a member firm of the Institute of Chartered Accountants in England and Wales, Business Advice Service and certified Xero Advisors