What is an R&D tax credits calculator?
The R&D tax credits calculator is a handy tool that will help you find out how much you can potentially claim back from your R&D investment.
It’s the quickest and easiest way to calculate your R&D tax relief without using the traditional methods. If you wish to understand the logic behind this calculator, visit R&D Tax Credit Calculation Example.
How does the R&D tax calculator work?
Enter the amount you estimate was spent on each of the categories involved in the R&D project. The R&D tax credits calculator will automatically return an estimate of how much your claim is worth.
How to use the R&D tax credits calculator?
Simply move the slider until you reach the amount you feel was spent on R&D. Don’t worry if you don’t have the exact figures. The estimated value will give you a good idea of your claim size.
Please keep in mind that the R&D tax credits calculator is created to provide you with an estimate of how much you can expect to receive back from your R&D investment. The actual claim will be based on your actual qualified R&D spend.
How to use the results from the R&D tax calculator?
Use the estimated claim value from the R&D tax credits calculator to understand what counts towards your claim and benchmark your entitlement against the industry’s average claim size.