Research and Development

We help SME businesses navigate their way successfully through R&D tax relief claims.

R&D is not necessarily what you might envisage

Your business does not need to be working in the scientific or technical industries for a start. Service industries can also qualify. Indeed, Elman Wall has led the way in its application to the Travel Industry.

Designed to stimulate and strengthen the competitive position of UK businesses, it has resulted in substantial corporation tax refunds for many Elman Wall Limited SME clients.

The tax relief on allowable R&D costs incurred on or after 1 April 2015 is 230 per cent – that is, for each £100 of qualifying costs, your company could have its Corporation Tax profits reduced by an additional £130 on top of the £100 spent.

If instead you have an allowable trading loss for the period, this can be increased by 130 per cent of the qualifying R&D costs – so that’s £130 for each £100 spent. This loss can be carried forward as well as back in the normal way or you can choose to convert it to tax credits.

To qualify your business needs to be working on the ‘resolution of scientific or technological uncertainty’. In practice, bespoke software solutions and new integration of existing technologies and systems generally qualify. Research and development costs can include employees’ salaries, consultants’ fees, materials, software, utilities and more.

Elman Wall Xeinadin Group helps SME businesses navigate their way successfully through R&D tax relief claims.

R&D Relief2

3 Reasons to choose Elman Wall as your partner for accounting



Rather than simply delivering reports, we will focus on reporting, the development of key performance indicators, and recommendations for the future.


Professional accountants

With our large team of accountants ready to help, Elman Wall will always deliver reports and recommendations on the agreed timescale with accuracy and precision.


Surpassing expectations

We go beyond simply providing numbers and figures; with our interconnected network of professionals, we can use account data to provide personalised advice and recommendations.

They have gone the extra mile in offering added value services, yielding tangible savings or other commercial benefits for our business.

Mel Childs

Finance Director, Reader Offers Limited

They make themselves available at every level throughout the practise, ensuring they are always on hand when we need them, alongside their team of inhouse experts means we have one point of call for all our needs

Julia Lo Bue-Said

CEO, The Advantage Travel Partnership

Over fifteen years, there’s not much that Elman Wall haven’t been through with us … both good and bad. They have never let us down and give us so much more support than we could have expected.

Mark Godfrey

Managing Director, ASM Engineering Limited

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