R&D Tax Credits: Benchmark Tool
R&D Tax Credits: Benchmark Tool
Benchmark and Risk Profile your R&D Tax Credit claim
Research and Development (R&D) tax relief rewards your company for investing in innovation and developing new or improved products, processes, and services. Recently, HMRC has increased scrutiny on claims under the two schemes, RDEC and SME, sending thousands of businesses ‘nudge letters’ in early 2023. Getting your tax claim right has never been more important.
How much could R&D tax credits be worth to your business?
Our R&D Tax Credits Benchmarking Toolkit is one of the only solutions on the market that will benchmark your tax credit claim against your industry peers and help you identify potential risks your claim may pose to your business. It goes further than ‘calculator’ type tools by not only showing the potential value of your claim, but how that aligns with that of businesses like yours, and how it aligns with your business’ risk appetite.
The R&D Tax Credits Toolkit can:
- Benchmark your R&D claim against companies of a similar size and industry
- Generate a priority rating on risks and opportunities around your claim
- Provides the confidence that your claim is correct and doesn’t put your business at risk
Our mobile-ready solution can provide insight into the following questions:
- How does my R&D Tax Relief benefit compare with my competitors or the industry sector average?
- What factors influence my claim?
- Should I be claiming more R&D Tax Credits?
- Is my claim likely to be queried by HMRC or investors on a listing, fund raising or exit?
Get the R&D Tax Credits Toolkit today and be confident in your tax claim.