R&D Tax Credits

Research and Development (R&D) Tax Credits present a lucrative opportunity for businesses committed to innovation and the advancement of new processes, products, and services.

Is your company at the forefront of innovation? At Double Point, we’re dedicated to helping you unearth the potential within your R&D endeavours. Our expert team collaborates with you to identify qualifying R&D expenditure, ensuring you leverage every available tax relief opportunity.

Investing in projects aimed at pushing the boundaries of science or technology? You could be eligible for R&D tax relief. Whether you’re enhancing existing processes or pioneering ground-breaking solutions, Double Point is here to guide you through the eligibility criteria and maximise your tax benefits.

What does it take to qualify for R&D tax relief? Our team simplifies the process for you:

  • A focused project targeting specific challenges
    Intentions to achieve scientific or technological advancements
  • Alignment of the project with your company’s trade objectives
  • Clear documentation outlining efforts to overcome uncertainties
  • Demonstrated uniqueness or complexity of the issue
  • Development of new processes, products, or services, or improvements to existing ones

R&D tax incentives encompass various expenditure categories:

  • Staff costs for project-involved employees
  • R&D-specific software
  • Consumable items essential to the R&D process
  • Contracted out R&D costs (up to 65%)
  • Externally provided workers, with certain restrictions

Partner with Double Point to navigate the complexities of R&D tax credits seamlessly. Our tailored solutions ensure you extract the maximum value from your innovative pursuits while staying compliant with HMRC regulations.

At Double Point, we’re not just accountants; we’re your trusted allies in innovation. Let’s embark on a journey of discovery together.

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