We still can’t get our heads around why companies don’t claim for their R&D! People misconstrue the sectors that are eligible for the incentive.. exactly like Admin and Support.
We know that there are a lot of nuances regarding this incentive but that’s why specialists like ourselves are on the market. R&D is everywhere without you even necessarily realising this. We can conduct a casual meeting with yourself to understand your business, how you operate and what costs you’ve incurred that could qualify.
Below are project examples that would qualify for R&D tax credits in admin and support
Businesses that create or improve existing platforms, apps or technology which vastly improves Admin and Support sector.
Improving online security through either bespoke system adaptations or development of new security systems.
Resolving issues and conflicts within hardware or software. Whether this be by integrating mobile technologies or operating platforms.
Innovating enhancements and advancement of an ecommerce platform which is set to personalise the customers journey.
Sometimes the parts you may think qualify, don’t. Here are some examples of what doesn’t qualify in the admin and support sector
Rent will not qualify for R&D Tax Credits under any circumstance.
Anything that comes under marketing is unable to be added into the costs in your claim. For example, making a website for your Admin website would not be able to qualify.
The cost of applying for a patent 'IP intellectual property' is not able to qualify under the incentive.
If you have developed a branch of an existing system, the costs of maintenance will not be considered as qualifying expenditure.
Use our free calculator today and you could have a significant benefit amount within 28 days!
Find out how simple it is to claim R&D Tax Credits in the Admin and Support sector
Don’t hesitate on starting your claim. The government would like to say well done for your innovate hard work so check if you could be entitled to the money they are offering to support your business. With the Counting King simple process, we will go through if you are eligible and if you are we will go through the process and work out the amount you can claim. It is a process we are experts in and will take the lead on producing for you.
We have you covered!
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In short, yes. The best thing to do is to figure out how much R&D you are doing, you should then be able to assign a proportion of your light, heat, water and power that was used for your R&D and amend your claim accordingly.
One of the biggest portions of claims for the Research and Development tax incentive is circled around staff costs. Whether that might be people directly involved within the R&D or others who might be indirectly involved.
No, you do not need to create a new product to qualify for R&D Tax Credits. For example, if you tweaked a filing system which had an advancement, this could be claimed for the R&D incentive. Anytime you have attempted an advancement in the Admin and Support sector, whether this worked or not, could still have the potential to be a qualifying activity.
In 2020, there were only 3085 claims processed by HMRC for the Admin and Support sector, but on average you could receive £51,864 for your successful claim based on current statistics.
Where do we start? You can claim for:
Yes! You are able to claim for unsuccessful projects as this falls under the ‘uncertainty’ you faced during the Research and Development you undertook.
Examples of uncertainty for R&D are;
Depending on your company size, you may qualify under the RDEC scheme (Research and Development Expenditure Credit) or under SME incentive (Small Medium Enterprises).
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