Our R&D Tax Credit Calculator provides a quick, indicative estimate of the potential value your business could claim under the UK R&D Tax Relief scheme. It is designed to give you an early understanding of what may be available based on your qualifying expenditure.
This estimate is not a formal claim and does not require detailed financial documentation. It is simply a starting point to help you assess potential value before moving forward with a full eligibility review.
This R&D tax relief calculator uses current R&D Tax Relief rates to generate an estimate based on the figures you choose. Results are indicative and depend on qualifying activity, eligible expenditure, and your company’s tax position.
Once you receive your estimate, our team will review your situation in more detail and explain how a compliant claim would be prepared in line with HMRC guidance.
This tool offers a useful estimate, but expert advice makes all the difference. Book a call to get tailored guidance from one of our experts.
Talk to an ExpertR&D Tax Relief rates have changed.
For accounting periods beginning on or after 1 April 2024, the previous SME and RDEC schemes have been merged into a single Merged Scheme.
The R&D Tax credits calculator reflects the current structure, but final claim values depend on your accounting period and eligibility criteria.
| SME R&D tax incentive | RDEC | Merged Scheme | Enhanced support | |
|---|---|---|---|---|
| Company type | After 1 April 2023 | After 1 April 2023 | From 1 April 2024 | From 1 April 2024 |
| Profit-making SME | Up to 21.5% | Up to 16.2% | Up to 16.2% | |
| Loss-making SME | Up to 18.6% | 15% | 16.2% | |
| Large company | Up to 16.2% | Up to 16.2% | ||
| R&D intensive SME | Up to 27% | Up to 27% |
R&D Tax Relief claims must meet specific HMRC requirements. While the calculator provides an early estimate, every claim we prepare is reviewed carefully to ensure it is accurate, evidence based, and aligned with current legislation.
Our role is not only to identify potential value, but to ensure that any claim submitted is structured and defensible.
For accounting periods beginning on or after 1 April 2024, R&D Tax Relief operates under the Merged Scheme.
Under this framework, companies can claim a 20% taxable expenditure credit on qualifying R&D costs. The credit is included in taxable profits and subject to Corporation Tax at the current rate. For many profit-making companies, this results in a net benefit of around 15% - 16.2% of qualifying expenditure, depending on the tax rate.
Loss making companies receive a net benefit of 16.2%, which may take the form of a cash payment.
In addition, certain loss-making companies that spend 30% or more of their total business expenditure on qualifying R&D activity can claim Enhanced R&D Intensive Support (ERIS), which provides a payable credit rate of up to 27%.
If you are claiming for an earlier accounting period, previous SME or RDEC rules may still apply.
Final claim values depend on your accounting period, eligibility, and qualifying expenditure.
For more information on how Easy R&D can support your business, please contact us directly.
Get in touchNo. The calculator provides an indicative estimate based on the information entered and current R&D Tax Relief rates. Final claim values depend on detailed eligibility review, qualifying expenditure, and compliance with HMRC guidance.
No. You can use the tool without obligation. After receiving your estimate, you can choose whether to proceed with a detailed review.
If you are unsure which costs qualify, our specialists can guide you through eligible expenditure during a detailed eligibility review. The calculator is a starting point, not a final assessment.
The calculator uses current scheme rates to generate an estimate. Accuracy depends on the information provided and whether the activity meets HMRC’s definition of qualifying R&D.
Depending on your circumstances, companies may be able to claim back up to 27% of qualifying R&D expenditure. The applicable percentage depends on your tax position and scheme criteria.
If you'd like to learn how R&D Tax Relief could support your business, our team is here to help you.
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