R&D Tax Credits Questionnaire

Your name *

Your company's name *

Email address *

Phone number *

Which of the following statements best describes what you know about R&D tax credits? *

I Don’t know much about R&D tax credits, and my company has yet to make a claim. I want to find out a bit more.
I am Pretty confident that I know what R&D tax credits are, but I have never submitted a claim, and I want to find out more.
I have made a claim for R&D tax relief or RDEC and I am now interested in finding out if I can improve the quality or value of our claims.
None of the above

Which of these four options best describes how you handle corporation tax and tax reliefs? *

We handle all our corporate tax affairs through our in-house accountancy team. Our team is confident in planning our tax to make sure we have an optimal result, submitting tax returns and claiming al the tax reliefs for which our company is eligible.
Our management team likes to understand how corporation tax relief work, but our accountant handles the details.
We are Pretty hands off when it comes to tax affairs. Our accountant deals with all aspects of our company’s corporation tax planning, submissions and claims.
We are a new company, and we have yet to submit accounts a corporation tax return.

Now we are going to assess if your company may be undertaking eligible innovation and R&D activities. Q5) What we need to find out is if your business has done any of the following R&D activities in the last 1-3 years: • Enhancing existing products, ser *

We believe we have done 1 of the R&D activities listed here.
We believe we have done 2 of the R&D activities listed here.
We believe we have done 3 of the R&D activities listed here.
We believe we have done all 4 of the R&D activities listed here.
None of the above.

Let’s find out a bit more about how you have invested in innovation and if you have taken a risk in the projects that you have run. Have a look at these options and decide which one applies best to your company? *

All the start of our innovation project(s) there was not a clear and simple solution that was already or easily available.
An innovation or improvement project that we ran has failed for technical reasons.
None of the above or I am not sure.

Next, we would like to learn a bit more about how your business manages its record-keeping for R&D and innovation projects. Please select the option that you believe best matches your company. *

We do not have a standard system for tracking R&D spending across our payroll, materials, energy and utility bills, subcontractors or other goods and services used in R&D projects.
We have a manual system for tracking and recording R&D spend of different types. It works about 70% of the time, but it’s not perfect.
We use and automated system for tracking and recording R&D and innovation costs. It saves a lot of time and effort, but it’s not perfect.
We have a system that automatically tracks and records every R&D and innovation cost and allocates them correctly in our accounts. It is easy to use and I am confident that we have near 100% transparency on all our R&D costs.

If you know how much you are spending in an average year and can tell us, please choose which of these options best matches your business’s annual R&D spend. *

Under £100,000
Over £100k but under £500k
More than £500k but less that £2m
More than £2million R&D investment
I Don’t know or I’m not happy to tell you at this point.

Which of these options best describes your company’s main activities? *

Manufacturing products, tools, components, plant, assets.
Logistics transport.
Technology.
Farming / Agriculture.
Energy or Utilities.
Services for other businesses.
Services for end consumers.
Retailing or wholesaling.
None of the above.

Which of these options best matches how you are managing and planning your R&D? *

We have invested in R&D and innovation within the last 3 years, but we have paused our R&D for 2023.
Within the last 3 years we have invested in R&D and in 2023 we will continue to invest in R&D projects.
Not sure.

Last step, If there is any other information you'd like to provide, please add it here.

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R&D Tax Credits - take the quick questionnaire