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R and D Tax Credits

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What are R&D Tax Credits

Hamilton Wood and Company are the UK’s leading R&D Tax relief specialists.

We have over 60 years of combined experience with the working application of R&D Tax Credits.

Our Managing Director is a fellow of UK Research and Innovation (UKRI). UK Research and Innovation is a non-departmental public body of the Government of the United Kingdom that directs research and innovation funding, funded through the science budget of the Department for Business, Energy and Industrial Strategy.

Furthermore, our lead Research and Development Tax Relief specialist resides on HMRC’s consultation committee for R&D.

You can, therefore, have peace-of-mind safe in the knowledge a leading team of experts is looking after your company’s R&D tax claim.

We help safely optimise your full true award under the prevailing scheme and at the correct rate.  We have a track record of delivering safe and robust R and D Tax Credit Claims with ongoing support after the claim is filed. We provide a comprehensive level of support for managing and processing your R&D tax claim.


We specialise in Research and Development Tax Relief for Small to Medium Enterprises (SME’s).

According to the R&D tax incentive for the purposes of the SME scheme, an SME is defined as being under 500 employees.

All too often we see companies who could claim fail to do so due to a general misunderstanding of what qualifies as R&D, or an incorrect belief that what they are doing doesn’t qualify.

Too many SME’s incorrectly believe they need to have large dedicated research teams in order to qualify for an R&D claim.

Many do not realise that what are their routine, day-to-day activities could in fact be eligible R&D and therefore, warrants a professional review by an R&D tax credit specialist such as those at Hamilton Wood and Company.

With an average claim for SME’s being valued at tens-of-thousands of pounds that in most cases comes by way of an immediate cash injection to your business, you can see why it is imperative that if you have been conducting a business project and unsure if you qualify, that you contact Hamilton Wood and Company today.

Many SME’s overlook the importance of the role Research and Development has in helping their business maintain a competitive advantage by helping to develop new and improved products and services.

Many businesses do not realise the full scope of what qualifies for an R&D tax claim.  They do not realise that people’s wages, software costs, external agencies fees and a hole raft of other qualifying costs can be included.  It is easy to see therefore, how quickly the figures stack up in your Company’s favour.


As a leading provider of R&D tax credit claims in the UK, here are some of the benefits of partnering with Hamilton Wood & Co.

  • Complimentary R&D health check
  • Fully managed process
  • Leading team of experts
  • We have recovered hundreds of thousands of pounds safely
  • Established over 5 years
  • Competitive fees
  • Fully indemnified claims process

We consistently deliver robust Research and Development tax relief claims.  We have a long and trusted relationship with HMRC and are here to help get more of your money back into your business quickly and safely.


Successful R&D claims can be used as another avenue to secure business funding alongside business loans.

R&D awards are often reinvested in other business projects to develop new products and services or perhaps, just enhance or refine existing ones.

R and D Tax Credits are a vital lifeline to UK companies who use the money claimed back via the innovation incentive to underpin future growth and development.

Our Managing Director is a fellow of UKRI and one of their divisions is UKRI InnovateUK.

Innovate UK or Innovate UK Edge as it’s now known, are responsible for managing and distributing innovation grants to eligible UK businesses.

When it comes to securing grant funding and research and development grant applications, there are a number of ‘Grand Challenges’ the UK Government is keen to address, and finding tangible solutions to these problems might help you secure Government-backed grant funding, however, heed our caution…make sure that any innovations are patented as we ourselves have had ideas not protected by patents copied much to our frustration.  Please take this advice as friendly advice that is meant in the correct spirit, to help protect you and your business’s ideas.


  1. Artificial Intelligence and data
  2. Ageing society
  3. Clean growth
  4. Future of mobility

When it comes to securing R&D grant funding, it is often a mix of traditional funding sources that are used by a business.  You may stand a better chance of securing grant funding if your idea helps meet one of the grand challenges listed above, but again make absolutely certain to patent the ideas first.  Don’t be naive and believe ‘speed of innovation’ is any protection for your ideas. Not having a patent is akin to leaving the door open to your ideas.

Innovation UK Grants are often blended with money from previously successful r&d tax relief claims along with some companies using available funds to register their patent via reputable patent attorneys before then making a start on the initial development of new products and services.

Our R&D claims process - Hamilton Wood and Co London Manchester-01

When a project is completed, the way a claim is processed may become complicated due to the nature of the grant funding utilised in the project and the scope of the claim and its component parts.

If you have recently undertaken any business projects with the goal of trying to improve or enhance your products and services and are unsure if you can claim, or what proportion of the claim is eligible and what falls outside the scope of eligible activities, please call one of our specialists today and we will be happy to help you.

To book a call with one of our R&D Tax Specialists click this link.

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