​Research and Development Tax Relief

Research and Development (R&D) is a Corporation Tax relief that may reduce your company’s tax bill. This tax relief can only be claimed if your company is liable for Corporation Tax. If your company is not liable for Corporation Tax, it may be worthwhile reviewing the company structure to ensure it is the most effective for you and your business. It is available for both small and medium-sized enterprises (SMEs) and large companies.

RIBA Business is working in partnership with Beavis Morgan, to provide a complete solution in claiming Research and Development tax relief.

Beavis Morgan has a specialist R&D team that is comprised of experts in areas like engineering and software programming as well as finance professionals such as auditors and tax accountants. All are experienced in claiming R&D tax relief for architectural practices. Most importantly they are tax-regulated to provide tax advice in the UK. Find out more about Beavis Morgan in our RIBA Business Supplier Spotlight series.

Fees only apply to successful claims, with nothing due until the claim is settled.

The task of integrating modern technology into historic structures is no small feat. Many architectural firms may not realise that these challenges often fall within the scope of qualifying R&D activities. The UK government's R&D Tax Relief scheme encourages and rewards such innovative activities. Beavis Morgan sets out what Qualifies for R&D Tax Relief in Historic Preservation.

What we do

Beavis Morgan will identify all qualifying costs for you. Once identified, these costs can be uplifted so:

• taxable profits are reduced
• SMEs can surrender any tax losses for a cash credit

They will complete and submit the paperwork and all supporting evidence for you.

Many practices have already claimed R&D tax relief to some extent and some of these may have had a visit from specialist tax inspectors due to the claim. However, there is often more that can be claimed and the specialists can provide a second opinion.

Their service also covers meetings with HMRC inspectors and supporting the claims in the event of an enquiry or other meeting.

Learn more about R&D

• 10 Tips to support a successful R&D tax relief claim
• R&D tax credits: integrating preservation with technology
• HMRC cracks down on non-compliant R&D tax relief claims
• Unlocking R&D tax relief claims for architectural software
• The benefits of R&D tax relief

Beavis Morgan Research and Development is a specialised division of Beavis Morgan LLP, a well-established, FCA-regulated accounting, tax, and business advisory firm. RIBA does not offer corporation tax advice. We provide support to practices and information on research and development tax relief solutions for our members supplied by experts.

For more information on how we can help you, contact a member of the Business Team at business@riba.org or 020 7307 3738.