Innovation Incentives

What Is a Research and Development Grant

Dolphin Networks are passionate about supporting their clients to save money which enables re-investment into their business to drive growth. Some of our clients are working in the field of Research and Development (RnD) and could be claiming back Tax Credit – but are not aware of it.

We have partnered with Aspen Waite to help our client’s identify and claim back from Corporation Tax – email to learn more enquires@consultdolphin.com Come and join the conversation Purposeful Innovation LinkedIn Group and learn more about RnD and find out if you are in a space of innovation and how you can claim back Tax Credit from
Corporation Tax.

Can my business qualify for a
Research and Development claim?

Your business will need to be a limited company in the UK that is subject to Corporation Tax Carried out qualifying research and development activities. If you are unsure not a problem, simply send us an email or call our office directly and we can answer all your questions. As a business, you needed to have spent money on these projects, so that you claim back this investment.

RnD claims can be claimed from any sector. It occurs in everything from developing a bespoke online portal for your clients, cheese-making to chemical engineering, and construction to digital development. Please note the RnD standards for a claim are purposefully broad. Whatever size or business sector, if your business is attempting to ‘resolve technological or scientific uncertainties’ then this could be a qualifying activity.

This could include:
• Creating new processes, products or diversification of services.
• Modifying or adapting an existing process, product or service.
• Another consideration possibly you could be resolving technological
uncertainties and be carrying out qualifying R&D, innovation.
• Please note within the government’s accepted research and development definition,
R&D doesn’t have to have been successful to qualify.
• In addition, you can also incorporate work undertaken for a client,
as well as your own developments.

What costs can be claimed?

There are a wide range of qualifying activities, so if your company is attempting to solve scientific or technological uncertainty, then it is likely you are carrying out R&D.

  • The cost of employment – staff salaries and employer’s NIC and pension contributions
  • Materials and consumables – including utility bills – that are used in the R&D
  • The cost of subcontractors and certain other service providers can be claimed
  • Software and IT costs in some cases

Custom CRM development

Specialist recruitment solutions   £33,000 tax credit

This claim looked at implementing a brand new platform for  the company to operate for, moving away from multiple and inefficiency processes into one streamlined approach.

They rolled the solution out over their offices in stages, adapting and improving as they went, making substantial cost savings.

User-friendly custom coding

Alternative content management UI/UX   £2,000 tax credit

The company built a custom CMS (content management system) for their clients, taking an alternate approach to the UI design. They opted to develop a windows-based interface, to create an interface the typical user is accustomed to.

This approach enables less-competent users to update their websites and add new functionality without the need for a web designer.

Manufacturing safety systems

Lightweight, modular designs  £23,000 tax credit

This project looks at developing modular platforms that can be used on multi-storey building sites to help worker safety. It was also necessary to protect the workspace (i.e. listed buildings). Products developed include unique pulley systems and lightweight modular platforms.

The company works with CAD/CAM to manufacture the various solutions. We have claimed the cost of prototypes and materials consumed in the projects.

User-friendly custom coding

Alternative content management UI/UX   £2,000 tax credit

The company built a custom CMS (content management system) for their clients, taking an alternate approach to the UI design. They opted to develop a windows-based interface, to create an interface the typical user is accustomed to.

This approach enables less-competent users to update their websites and add new functionality without the need for a web designer.

Market-leading software

Processing nutritional data    £18,500 tax credit

This client develops market-leading software for the food industry, helping them to accurately assess the nutritional content of the recipes they produce. The software processes thousands of pieces of data, calculating and outputting the appropriate information.

Contact

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