Industry &
Innovation Taxes

Whether you're claiming R&D tax relief or managing cross-border VAT, we make complex innovation and industry tax matters clear, controlled, and optimised for you.

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What are R&D and Innovation Tax Reliefs?

The government backs innovative businesses through generous tax incentives and schemes, including R&D Tax Reliefs (Credits) and Patent Box.

Unlocking the true potential of your business means understanding and taking advantage of all reliefs and schemes available to you. Gravitate can help qualifying companies claim these valuable reliefs efficiently, accurately, and with minimal disruption.

R&D relief schemes now operate under a merged system where all companies can claim an R&D expenditure credit (RDEC) currently valued at about 20% of qualifying R&D costs, providing valuable cash or tax savings for firms doing qualifying innovation.

What R&D and Innovation Tax Opportunities are available to businesses?

R&D Tax Reliefs

Research and Development (R&D) Tax Reliefs reward companies that drive innovation.

This could be through new products, internal processes, or software/tools. We will help you gauge your eligibility for relief, identify qualifying activities, prepare robust claims, and liaise with HMRC on your behalf.

Our refined digital approach reduces admin time and means we can maximise your claims while delivering peace of mind.

Creative Industry Tax Reliefs

Businesses in the film, TV, video game, animation or theatre industries may be eligible for special Creative Industry Tax Reliefs. The criteria can be complex, but our team will work with you to ensure your project gets the full benefit it is entitled to.

Patent Box Tax Relief

UK companies electing into the Patent Box regime can reduce Corporation Tax to as low as 10 % on profits derived from qualifying patented inventions and other IP.

To do this, we can help you structure your IP income streams to ensure they quality, with clear guidance and robust eligibility and compliance checks.

Source: Gov.uk - Patent Box

CIS (Construction Industry Scheme)

Construction contractors and subcontractors have some unique tax obligations to contend with as part of the Construction Industry Scheme (CIS). We can manage your CIS returns, deductions, and verifications, using technology to minimise errors, stay ahead of deadlines and avoid costly penalties.

OSS / IOSS Schemes

The One-Stop-Shop (OSS) and Import One-Stop-Shop (IOSS) schemes can simplify VAT compliance for businesses selling goods or digital services across EU borders.

Gravitate can help UK and international clients register and fully manage VAT under these schemes, deploying our automation technologies wherever possible for greater efficiency and less hassle.

Why work with Gravitate?

Our team of experienced and qualified professionals take compliance incredibly seriously. With Gravitate, you get modern, digital-driven efficiency paired with the highest standards and attention to detail. The processes we set up will also make any claims easy to put together, with significantly lower risk of errors.

Our goal is to maximise the value of all tax reliefs and incentives you are eligible for, while ensuring everything is fully compliant, robustly documented, and HMRC-ready!

Got a Tax query? Get in touch!

R&D and Innovation Tax FAQs

What are Industry and Innovation Tax Reliefs?

Industry and Innovation Tax Reliefs refer to a series of UK government tax incentives that support businesses investing in innovation, including R&D Tax Relief and other targeted schemes. These reliefs reward companies for developing new or improved products, services or processes, often by reducing their Corporation Tax liabilities.

What is R&D Tax Relief?

R&D Tax Relief is a UK tax incentive that allows eligible companies to claim enhanced deductions or cash credits for qualifying research and development expenditure. It is designed to encourage innovation and investment in technological advancement across industries.

How does R&D Tax Relief work?

Companies can claim additional tax deductions on qualifying R&D costs through their Corporation Tax return, reducing their overall tax liability. Loss-making companies may be able to claim a payable credit, depending on the scheme and circumstances.

When should I consider R&D Tax Relief for my business?

You should consider R&D Tax Relief as soon as your business begins projects involving technological uncertainty or innovation. Planning early ensures accurate cost tracking and compliance with HMRC’s documentation requirements. The most important thing is to assess your eligibility as early as possible in the project timeline.

How do I know if I qualify for relief?

A company may qualify if it is seeking to resolve scientific or technological uncertainties and is incurring qualifying expenditure such as staff costs, software or subcontracted R&D. HMRC sets out detailed criteria for eligibility within its guidance and legislation. It is very important that a qualified adviser assesses your project and company for eligiblity purposes to avoid penalties, HMRC enquiries or wasted time/effort should a project be deemed unsuitable.

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