Knowledge Hub

Industry-Based Examples

We specialise in R&D tax relief, offering expert guidance and support to help limited UK-based companies within various industries, navigate the intricate landscape of research and development incentives.

R&D Industry Examples

F.A.Q.

What is R&D Tax Relief?

R&D Tax Relief is a UK government incentive that rewards businesses for investing in innovation. If your company has developed new products, processes, software, or services or significantly improved existing ones you may be able to claim tax relief or a cash payment for qualifying R&D expenditure.

Does my business qualify for an R&D Tax Relief claim?

Many businesses qualify without realising it. You may be eligible if your company has attempted to overcome scientific or technological uncertainties while developing or improving products, processes, software, or systems. Businesses across sectors such as manufacturing, engineering, software, construction, healthcare, and food production can all qualify.

What costs can be included in an R&D Tax Relief claim?

Qualifying costs typically include:

Staff salaries and employer National Insurance contributions.
Subcontractor and externally provided worker costs (subject to HMRC rules).
Software licences used in R&D.
Consumable materials and utilities.
Cloud computing and data licence costs (where applicable).
Certain prototype and testing costs.

How much could my business claim?

The amount depends on your company’s size, profitability, qualifying expenditure, and the applicable R&D tax relief scheme.

Compliance

In the complex world of R&D Tax, compliance is not just a regulatory necessity – it’s essential to maintaining credibility, reducing risk, and ensuring the smooth progression of claims. At Harmoney Consulting Group, our compliance team is dedicated to safeguarding our clients and colleagues by ensuring that all work produced is fair, accurate, and well-documented. We take full responsibility for the review process, serve as a hub for tax-technical expertise, and manage all correspondence with tax authorities.

Our team examines each claim from a tax inspector’s perspective before submission, enabling us to anticipate and address potential questions from HMRC. This proactive approach not only reduces the risk of enquiries but also streamlines the process for any that do arise.

Reviews are conducted at the submission stage, once the written evidence of R&D is prepared, financial assessments are calculated, and the complete submission package is finalised.

If you have any questions about compliance, please get in touch:

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HMRC Enquiries

Facing an HMRC enquiry regarding your R&D tax relief claim can be daunting. With our deep understanding of both sides of the enquiry process, Harmoney Consulting Group provides expert support to defend your claim confidently.

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