Calculate your potential R&D tax credit or relief based on your qualifying expenditure and company size.
Enter your qualifying R&D expenditure in each category. Only costs directly related to R&D projects qualify.
To qualify, your project must seek an advance in science or technology through the resolution of scientific or technological uncertainty. The work must not be readily deducible by a competent professional in the field.
| Scheme | Who Qualifies | Key Rate |
|---|---|---|
| Merged Scheme (from April 2024) | Most companies | 20% RDEC credit |
| Enhanced R&D Intensive | Loss-making SMEs with R&D ≥30% | 27% payable credit |
| SME Scheme (pre-April 2024) | SMEs (historical claims) | 86% enhancement |
| RDEC Credit Rate | 20% |
| Net of CT (25%) | 15% |
| Enhancement Rate | 86% |
| Payable Credit | 14.5% |
R&D intensive = qualifying R&D ≥ 30% of total expenditure