Research and Development
Generous Research and Development (R&D) tax incentives are available to encourage innovation in the UK. If your company is developing new products, processes, materials or services, there is a good chance that you will be able to claim R&D relief.
The new filing deadline for R&D claims significantly reduces the time available to make and submit claims. R&D claims have to be made by the first anniversary of the filing deadline for the company's tax return (normally 2 years). Companies need to start planning now how they are going to optimise the amount to be claimed before the filing deadline.
Why use Deloitte?
- Deloitte has helped their clients successfully claim over £3 billion in qualifying R&D expenditure in the last 5 years, more than any other advisor.
- In all claims handled by the Deloitte R&D tax team, the related professional fees were self funded by the claim.
- Our experience in dealing with over 700 R&D claims means that Deloitte provide our clients with a deep level of technical knowledge and best practice methodology.
- The team have successfully advised on R&D claims for companies of all sizes - SME’s to large multinational organisations.
- Our vast experience of successfully agreed claims means that Deloitte are the leading firm to provide an industry benchmarking service to our clients.
- Deloitte offer a flexible range of services, from preparation of end-to-end R&D claims to bespoke solutions, tailored for each organisation.
- With over 35 specialists, comprising of tax advisors, auditors, industry trained engineers and scientists, Deloitte has the UK's largest R&D tax team who speak the same language as both your finance and technical teams.
- In 2003, Deloitte was the first UK firm to offer a dedicated, multidisciplinary R&D tax team.
- Deloitte services include a best practice approach to dealing with the defence process of claims.