Calculate your company’s R&D tax credit claim Calculate your company’s R&D tax credit claim

• Before the merge: For accounting periods beginning on April 1, 2023, the traditional rates apply. This means SMEs and large organisations are subject to different schemes, the SME and RDEC schemes, with varying relief rates.
• After the Merge: Starting with accounting periods beginning on April 1, 2024, a merged scheme comes into effect. This means a standardised rate across company types, with an enhanced rate for R&D-intensive SMEs. The first full accounting period under this new regime will end on March 31, 2025.

Our calculator gives estimates for before and after the merge, helping with planning for the past and future claims. This dual-period functionality ensures you can accurately determine your potential claim value, reflecting the latest scheme changes.

Whether you’re forecasting for the next financial year or looking to claim retrospectively, our R&D tax relief calculator is your essential tool for navigating the updated relief rates.

What is the difference between an SME and a Large Organisation?

• An SME is a company that has less than 500 staff and either not more than €100 million turnover or €86 gross assets.
• A large organisation has more than 500 staff and either more than €100 million turnover or €86 gross assets.

What is an R&D-intensive SME?

From 1 April 2023, a loss-making SME that spends 40% or more of its total expenditure on R&D is considered an R&D-intensive SME. This criteria will change from 1 April 2024, where an SME must spend 30% or more of its total expenses on R&D to be classified as an R&D-intensive SME.