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R & D Calculator

You can make use of our free R & D tax credit calculator to really see the potential of the Research and development tax credit system for your business.

You need to know if you are an SME or Large Company, input some financial data and answer some basic business project questions. The calculator will then estimate how much you could claim for all your innovation investment costs.

Profit making SME example
Loss making SME example

Our R & D tax calculator is a great way to get a better, personalised idea of how much your claim could be worth in just a few seconds.

To use our free R and D calculator, you need to know if you are an SME or Large Company, input some financial data and answer some basic business project questions. The calculator will then work out how much you could claim for all your innovation investment costs.

Why is it helpful?

Our free R and D Tax Credit Calculator gives you a rough figure indicating how much your business’s R and D refund could be. It really brings the potential of the R and D tax credit system to life in the context of your business. Suddenly it is not just a theoretical, general ‘maybe’ and you see the concrete, specific ‘probably’. Yes it is still an estimate, but it is based on your real data and not just a vague example.

How to use DSM’s R and D Tax Credit Calculator

You need to identify yourself as either an SME or a large company, by stating that you have either more or less than 500 employees. Then you need to input some basic financial information about your R & D project. This includes the proportion of the cost of staff, materials, utilities, software, subcontractors and clinical trial volunteers that are spent on specific R and D work. Approximations are fine for this quick check, we will delve into the detail for your actual claim.

The calculator will then work out the following: total R and D revenue enhanced claim, further Corporation Tax deduction as a result of claim, total Corporation Tax deduction on expenses, effective Corporation Tax rate on revenue expenses and the Total Value of your claim (at 20% CT rate).

Once you’ve seen how substantial your refund is likely to be, it’s quite difficult not to get carried away by all the possible future innovations it could support. And that’s why we love our job.

Our free R & D guides are here if you would like to do some more homework before getting in touch.

When you might need more than a free calculator

In our experience, there are two main barriers which prevent a staggering 90% of companies from claiming the R and D Tax Credits they are entitled to. The first is simply not knowing that the scheme exists. The government needs to raise its profile to tackle this basic lack of exposure.

The second is that companies not realising that their projects are included within the scope of R & D Tax Credits. This is definitely something we can help you with. It’s not all about science labs and tech wizardry. We have made successful claims for clients across a broad spectrum of industries and we invite you to learn more about the R & D claims process.

Other common misconceptions are; that your company needs to be in profit and that your R and D project has to have a successful outcome, they don’t.

Prefer to speak to someone?

Feeling confused and would prefer to speak to an expert? Give us a call on 0330 0539 112 for a no obligation chat to determine if you can get an R&D refund for your business. Or you can fill in our easy contact form below and we will get back in touch.

Start my R&D tax credit claim …

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