Making an R&D tax relief claim is a straight forward process with Cowgills R&D team.
We will make an assessment based on the projects you’ve undertaken whether you’re eligible for a claim. These projects could include innovation or appreciable improvements to current products, processes, systems or software.
No matter the project, we offer frank and transparent guidance that you can trust.
SME
Large Company
The claims process for an SME
There are several key steps to claiming R&D tax relief as an SME, beginning with understanding the terms on which you can claim, before continuing onto making a detailed claim that factors in all of your identifiable R&D costs.

1. SME tax relief terms
For any company defined as an SME (fewer than 500 staff and either less than £100 million turnover or less than £86 million in gross assets), you will be able to claim back up to 33% of your identifiable R&D costs.

2. Getting to know your business
From the outset, we get to know your business and your eligibility to claim R&D tax relief. Normally conducted via a telephone conversation and/or onsite visit, we’ll gather all the relevant information that is pertinent to the claim. We’ll then assess the information that we’ve gathered, and if we don’t think there’s a claim, we’ll let you know. If there is a claim to be made, we’ll deal with everything, leaving you to get on with what you do best – running your business.

3. Claim preparation
Once we’ve gathered all the information needed, our experts get down to the task at hand – preparing your claim. We’ve produced 1,000’s of claims, meaning our experts can easily identify the full extent of your qualifying activities and costs. We’re sector specialists, meaning that we’ll be able to understand and identify the full extent of the R&D you’ve undertaken and how much we can potentially claim back for you, ensuring we factor all of these costs into your claim.

4. Claim submission
Once your claim has been expertly prepared, we will then submit the claim on your behalf. The main reason that we submit the R&D claim on your behalf is so that any questions or queries are directed back at us, again freeing up your time to focus on running your business.

5. Receiving your R&D tax refund
It normally takes HMRC somewhere between four and six weeks to process your claim and money is paid directly into your account or, if you’ve made a loss during that period, you’ll receive a tax refund. It is only once you have received your payment that you will need to pay us – we want to improve your cash flow, not reduce it. Over the previous three years, we have saved our clients over £6m – that’s an average of £88k per client!
Understanding Tax Relief
If you’ve invested in R&D, or if you aren’t sure if what you’ve done is R&D, we can identify whether you’re entitled to tax relief. We are experts in R&D tax claims, with over 13 years’ experience in submitting successful claims.
Making an R&D tax relief claim is a straight forward process with Cowgills R&D team
We will make an assessment based on the projects you’ve undertaken whether you’re eligible for a claim. These projects could include innovation or appreciable improvements to current products, processes, systems or software.