R&D Tax Credit Benchmark Tool

Why do I need the R&D Tax Credit Benchmark Tool?

HMRC scrutiny has drastically increased on companies claiming under the SME and RDEC R&D tax credits schemes in their efforts to crack down on fraudulent and inaccurate reporting.

Navigating the regulations and optimising your claim can be a complex task. BDO’s R&D Tax Credit Benchmark Tool provides valuable sector and risk insight into how your claim compares to businesses like yours, reporting best practice, and helps you to mitigate the risks of an HMRC enquiry.

R&D tax credits provide vital rewards for investing in innovation and can allow you to claim cash back from HMRC if you are loss making.

• Is your R&D tax credit claim in line with your competitors?
• Is your claim compliant with the new rules and filing requirements?

• Are you at risk of an HMRC enquiry?
• Are you missing out on claim opportunities?

Analyse your R&D tax credit claim

Using a combination of HMRC, business intelligence and our own data streams, the report provides data-driven, quality insights that provide real value to your business.

The assessment will provide you with a tailored report, providing analysis on your company’s R&D tax credit claim, allowing you to assess risk in your current claims and encouraging a smooth claim process by ensuring that you are putting forward a credible claim.

Our R&D tax credit assessment helps you understand and assess your SME or RDEC R&D tax credit claim against companies of similar size and industry. In this environment of increased scrutiny, changing regulations and economic uncertainty, you need to be confident that not only is your R&D tax credit claim accurate, but does not pose any risks to your business.