Breakthrough Associates -
the R&D tax credit specialists

At Breakthrough Associates, we provide companies with professional support for calculating and submitting research and development (R&D) claims.

We are passionate about ensuring our clients maximise the recovery of their investment in innovative science and technology.

Our team identifies all qualifying activities and their associated costs, presenting this in a detailed report in a format recognised by HMRC.

What are R&D tax credits?

Established in 2000, the R&D tax credit scheme is a government incentive designed to stimulate economic growth and investment in R&D, encouraging UK companies to invest in innovation through corporation tax relief or cash payments.

If your business is developing or adapting an innovative product or manufacturing process,  HMRC will contribute to the incurred costs of research activity.

If you are making a claim for the first time, you can claim for the previous two completed financial years. If your financial year end is approaching, be sure to contact us in good time to ensure the best outcome for your business.

Your R&D tax credit will be calculated according to whether your company is an SME or large organisation. Our team will help identify which scheme your business qualifies for.

To qualify for the SME scheme, your Company must:

  • Have fewer than 500 staff
  • Have less than €100 million turnover or €86 million gross assets
  • Be subject to UK Corporation Tax

To qualify for the RDEC scheme, your Company must:

  • Have 500 staff or more
  • Have more than €100 million turnover or €86 million gross assets
  • Be subject to UK Corporation Tax