Tel: +44 (0)1442 264411   E-mail: sales@ataeng.com
 
 
ATA Engineering
 
 
R&D Tax Credit Scheme

Piloted in 2000, the UK R&D Tax Credit Scheme was commissioned to support businesses by incentivising investment in innovation through research and development.

R&D is defined as “a new or improved process, material, device, product or service”
This could mean new or developed machinery, gadgets, materials, formulas, recipes, technology, hardware etc.

In profit making companies, successful claimants could have their corporation tax reduced down to 0
In loss making companies, successful claimants receive a cash payment of up to 33% of R&D expenditure

The average value for a successful claim is £53,875
Successful claims can be resolved in as little as 6-8 weeks

It is an incredible weapon for businesses to increase their liquidity except many companies are unaware of this opportunity and miss out!
According to HMRC, less than 15% of £36.5bn R&D expenditure in 2018-19 was claimed back in 2020.

ATA offer a FREE consultation to check whether your business is eligible for an R&D Tax Credit

Full information can be found on GOV.UK - https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief

To find out more information about our consultation
Please email: harrison@ataeng.com
Or call us on: 01442 264 411

 

 
 

Contacting ATA Engineering

ATA Engineering Processes Ltd
Unit B, ATA House, Boundary Way,
Hemel Hempstead, Herts, HP2 7SS

Telephone: +44 (0)1442 264411
Fax: +44 (0)1442 231383
Email: sales@ataeng.com

Opening Hours:
Monday - Thursday: 8.30am - 5.30pm
Friday: 8.30am - 1.15pm

 

 

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