We provide a tailored service and fee structure to suit your business, from fully outsourced services to reviews.

R&D tax relief & Research and Development Allowances (RDA) for Small & Medium Enterprises (SMEs)

  • Super deduction of 230%
  • Loss making SMEs can obtain a payable cash credit of up to 33.35%
  • RDA: 100% in year of spend for capital expenditure incurred facilitating R&D

R&D expenditure credit (RDEC) & R&D Allowances for large companies

  • RDEC: 13% (from 1 April 2020), 12% (from 1 January 2018), or 11% (prior to 2018)
  • RDA: 100% in year of spend for capital expenditure incurred facilitating R&D

How Knight R&D can assist you

In most instances a company’s or individual’s perception of what should qualify as R&D is not in line with the requirements outlined in the tax legislation and BIS Guidelines. For example, the definition of R&D for the purpose of these incentives is deliberately broad and not industry specific so that both pure R&D as well as technically challenging applied developments often undertaken in the course of a commercial project or internal developments are likely to qualify.

Knight R&D can deliver service leading results because we have:

  • Relevant industry or claim experience across all sectors
  • A tried and tested approach which helps enable efficient and robust claim preparation, while minimising the time spent by your team
  • A well-established and proven approach to presenting HMRC with the information it needs to be satisfied with the qualifying nature of a claim

Outsourced claim service

For first-time claimants or companies that simply don’t have the time or the inclination to bring the required expertise in house, we can provide our fully outsourced service.

  • Identify the nature and extent of your qualifying projects and activities
  • Quantify the relevant qualifying expenditure
  • Summarise your R&D technically and document your claim method in a format suitable for HMRC’s review and agreement
  • Liaise with HMRC as required to assist in responding to any queries that may arise
  • Review the entries made by your tax agents in your tax computation specific to the R&D claims to confirm whether they are as expected