R&D Tax Credits
At Bumblebee we are experts in innovation tax. We help businesses submit R&D tax credits claims that deliver more value than claims made in-house or by accountants.
Is this your first R&D Tax Credits Claim?
Are you already claiming R&D Tax Credits?
What are R&D Tax Credits?
Research and Development (R&D) tax credits are an incentive to reward companies engaged in innovation. R&D tax credits can provide valuable funding for any company spending money on developing new products and processes or improving existing ones.
This relief can give your business the opportunity to claim back a proportion of your R&D expenditure as tax credits, which can reduce your tax bill or increase taxable losses.
What are the key benefits of R & D Tax Credits?
Does my business qualify?
Claims can be made under two initiatives: the SME initiative for smaller businesses, and the RDEC initiative for larger organisations. Under both initiatives, the following key criteria applies.