Quick & Easy Tax Calculator

Our R&D Tax Credits Calculator will give you a ball-park figure on how much R&D Tax Relief you could receive from HMRC. This can be done for the current financial year and the 2 previous years. Enter some basic numbers and we’ll estimate what it could be worth.

This number represents the tax benefit to your company. It could be refund of tax already paid, a tax bill reduction or a repayment from cashing in losses.
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Please Note:

This R&D Tax Credits Calculator is indicative only and for information purposes. It should not be used as a basis for calculations submitted in your tax return to HMRC. If details are provided, we may contact you to discuss your calculations in greater detail.

The Large Company Scheme is complex, especially if the company is loss making. HMRC has a 7 step process to work out any credit payable. Please contact us for a detailed analysis.

Our aim is to simplify the R&D tax credit claim process with minimal disruption to your business. We have consultants with expertise in a wide variety of science, engineering, software and healthcare disciplines; therefore, fully understand the science and technology your project is centred around.

We do the work, so you can receive the credit, ‘bridging the technical expertise gap’ between you the Client and your Accountant in order to submit a robust, successful and maximised R&D tax credit claim to HMRC. To find out more, visit our R&D Tax Credits page here.

R&D Labour costs - PAYE costs only - no dividend. For each person involved with R&D, add their gross salary, pension and bonuses and multiply by the percentage of their time on R&D activities - think about those in design, manufacturing, QA and Test as well as management input. These are typically one-off costs for materials used in R&D activities and do not get put onto the balance sheet Where you ask an external company/organisation to undertake some work on the project for you Those costs you pay for externally provided staff to work in your company and who work on R&D. Again, you can use a percentage of their time This is your company Net Profit before Tax

TBAT Innovation Limited

Unit 3 Bradley Court,
Maple Road, Trent Lane
Castle Donington
Derby, DE74 2UT

Innovation Centre,
Milton Park,
Oxfordshire OX14 4SH

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