R&D Tax Credits

By using R&D tax credits, businesses can reduce the amount of Corporation Tax they pay by offsetting the cost of research and development.

Zyla Accountants may help you claim this valuable tax relief for R&D if eligible. Research and Development (R&D) tax relief supports companies that work on innovative projects in science and technology. To qualify for R&D relief, a project must seek an advance in a field of science or technology.

Supporting your claim

At Zyla Accountants, if you’re eligible we will help you claim R&D tax credits as part of your corporation tax return - either at the time of filing or as an amended return. Corporation tax claims can be made up to two years after the end of the tax period by HMRC.

You can view further guidance from HMRC here.

Tax credits for R&D are a government incentive. Incentives are designed to reward innovative projects among UK businesses if eligible. Cash injections may be provided to businesses that meet the criteria and submit a claim.
In order to find out if you qualify for R&D Tax Credits, you should speak to an advisor at Zyla Accountants.

The following are some of the main criteria you need to meet:
You have developed new products, processes, or services (or enhanced existing ones).
Limited companies in the UK are subject to Corporation Tax (profitable and loss-making companies can claim).
Within the past two accounting years, you've carried out qualifying research and development activities.
To claim tax credits, you must show how much you spent on your R&D project. R&D tax credits are available for the following types of expenditures:
- Personnel (e.g. salaries, expenses, NICs, etc.)
- Freelancers and subcontractors
- Software of certain types
- R&D materials and consumables (heat, light, and power)
To qualify for R&D relief, your project must seek an advance in a field of science or technology by resolving scientific or technological uncertainty.
Zyla Accountants have helped many companies claim R&D Tax Relief Claims successfully.
We're here to maximise your R&D benefits, whether you're a newcomer to the process or have been claiming for years.
The claims process will be managed by us from start to finish, including; identifying expenses, calculating, writing the technical report, and conducting industry research.
We know how to ensure compliance with your R&D claim as your trusted R&D partner.
Yes! The R&D Community seek to achieve its vision by giving compliance-minded R&D professionals the knowledge, support and recognition they need to prosper in a highly competitive market.
It gives advisors access to specialist training, a certification programme, help, support and other member benefits.

Get support from an R&D Advisor

A proud member of the R&D Community

The R&D Community is compliance-minded and provides R&D professionals with the knowledge, support and recognition they need to prosper in a highly competitive market.

This provides Zyla’s trusted advisors access to specialist training, a certification programme and support that safeguards our clients and protects the longevity of our R&D service. Zyla will be taking part in the R&D Community's certification course in April 2025.