RD Relief
R&D Tax Credits Norwich
The software underpinning RDRelief was sold to one of the big-4 professional service firms in 2018. Consequently, the brand is no longer in operation.
- R&D Tax Advisors are invited to find out more about the Inspired.tax claim preparation software.
- Otherwise, please feel free to continue to browse this website for useful information regarding claiming R&D Tax Credits in the UK. However, beware that none of the information has been updated since 2018.
Contents
Overview of R&D in Norwich
Norwich has historically been a manufacturing hotspot, but like much of the UK, this has transitioned into more of a service-based economy within recent years. 31% of individuals employed in Norwich work within the business and finance sector and 8% in manufacturing. Both of these are industries that we have to have high eligibility for R&D Tax Credits.
Online Claim Supported by Local Experts
RD Relief's Cloud-Based platform is revolutionising the R&D Tax Credits claim process.
Companies across the UK are eligible to use the RD Relief self-service claim platform, but (if required) our R&D Tax Credits experts in Norwich will be there to provide a helping hand.
Please get in touch to speak with one of our R&D Tax Credits experts about your claim.
How Much Are R&D Tax Credits Worth?
Estimate Your Claim Benefit
| Simple Calculator | More Accurate Calculator | ||||||||||
Does the company (including other group members), have more than 500 employees? |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Yes | No | ||||||||||
Financial Position? |
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| Profit Making | Loss Making | ||||||||||
Accounting Treatment of the R&D Costs? |
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| Mostly Expensed to the P&L | Mostly Capitalised as Intangibles | Mostly Capitalised as Tangible Fixed Assets | |||||||||
Which of the following best describes what you are developing? |
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| An asset of enduring benefit to the business | A product, or something that will contribute to a product | ||||||||||
Are you a Services Company? |
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| Yes | No | ||||||||||
Estimated spend on R&D Activities? |
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| £50,000 | £200,000 | £500,000 | £1,000,000 | ||||||||
Norwich Research Park
Over 30 businesses are based out of the Norwich Research Park, many of which work closely with the University of East Anglia. These businesses typically specialise in cutting-edge science and technology and consequently are typically we find these to be very highly eligible for R&D Tax Credits.
Fintech R&D in Norwich
Main article: R&D for FinTech Projects
Norwich, as well as a number of other areas of the South East, has a very successful FinTech sector. Our R&D experts have helped prepare R&D tax relief claims for many clients and have found that FinTech companies are often developing cutting-edge capabilities, especially for new financial and business technologies. We find that sometimes development of software such as this gets missed as R&D for tax purposes, as improving legacy finance systems, and integrating your systems with other systems, very frequently qualifies. About Us
RD Relief is the advanced online cloud platform that helps clients across the UK to prepare maximised R&D Tax Relief claims.
We bring together advanced cloud-based software with leading industry experts in Norwich (and across the South East) to simplify the process, lower the cost and increase the quality of deliverables.
Find out more about our unique claim process or calculate how much a claim could be worth.