Engineering projects that may qualify for R&D tax relief include:

  • innovative product development using computer aided design tools;
  • development of second generation or improved products;
  • prototyping and three-dimensional solid modelling;
  • development of computer models;
  • integrating new materials to improve product performance;
  • designing, constructing, and testing product prototypes;
  • increasing ease of operation or suitability of products;

Engineering Case Studies

Allen Brothers

Allen Brothers

Shelley Engineering

Shelley Engineering

What activities can be included in a R&D project?

  • defining technical objectives;
  • identifying uncertainties;
  • feasibility studies, reviewing new and competing technologies;
  • analysing, designing and developing the technology;
  • producing technical specification or other documents to explain and support the R&D project and advancement;
  • testing the product, process, service or software;
  • planning and managing projects;
  • administration, finance and personnel services specifically required to support R&D activities;
  • training to support R&D.

What expenditure can be claimed for in a R&D project?

  • Staff Costs – Employee costs (salary, national insurance and employer pension) are apportioned for their time spent on the R&D project plus any reimbursed associated business expenses.
  • Software – Purchased for R&D purposes and costs apportioned for any subsequent use.
  • Subcontracted R&D – You can claim 65% of what you paid your R&D subcontractor.
  • Utilities & Consumables – Water, fuel, power and material used in the project.
  • Prototypes – Produced for R&D purposes
 

Call us to claim R&D tax credits - 0800 195 7516