Get the most from your claim

Our extensive experience across a range of sectors enables us to deliver tailored R&D tax credit accounting treatments that meet your business's specific needs and maximise financial benefits. 

Our multidisciplinary team of experts brings deep sector-specific knowledge to every engagement, ensuring that your company can fully leverage R&D tax incentives while staying compliant with all regulatory requirements.

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SMEs

At QLC, we recognise the unique challenges that small and medium-sized companies (SMEs) face when navigating R&D tax credits. Unlike some competitors who impose minimum fees and avoid smaller clients, we believe businesses of all sizes should have access to expert advice.

We pride ourselves on offering personalised support, ensuring that SMEs can fully benefit from R&D tax credits to innovate and grow. Whether you're a start-up, a growing SME, or a large company, QLC is committed to delivering high-quality service without the barriers of high fees or being overlooked.
The SME and RDEC schemes have merged for periods beginning on or after April 2024 which will simplify the way in which we claim for you. Contact us if you want to hear about how this will affect you.

Large companies

With extensive experience serving large companies across diverse industries, QLC is well-equipped to navigate the complexities of R&D tax credit accounting for large businesses.
 
For large companies, the Research and Development Expenditure Credit (RDEC) scheme applies. While traditionally offering fewer benefits compared to the SME scheme, recent changes have made both schemes equally advantageous.
 
Following the merger of these schemes for accounting periods beginning on or after April 2024, large companies now have an even greater opportunity to capitalise on their R&D investments.
Our deep expertise empowers businesses to transform substantial R&D efforts into meaningful financial returns.

QLC: Working in your sector

Partnering with QLC means you can trust that your R&D tax credit accounting treatment is handled by professionals who understand the nuances of your industry. We stay ahead of the latest developments in tax law and industry practices, so you can focus on what you do best - innovating and growing your business.

Pharmaceutical & Medtech

Agriculture

Food & Drink

Manufacturing

Architecture

AI & Robotics

Construction

Computing & Technology

Textiles

Software Development

Engineering

Waste Management

The landscape of R&D differs significantly between SMEs and large companies, driven largely by the scale and scope of their operations.
For SMEs, R&D is often about agility and innovation - leveraging limited resources to make breakthroughs that can set them apart from larger competitors. These smaller enterprises tend to focus on niche markets or specialised products, where the ability to quickly adapt and innovate is crucial. However, we know that navigating the complexities of R&D tax credits can be daunting for SMEs, as they often lack the internal resources to manage these claims effectively (this is where our personalised support becomes invaluable).

Large companies operate differently. R&D in these environments is typically more structured and extensive, often involving multiple projects across various departments or even countries. These organisations invest heavily in R&D, aiming not just for innovation but also for market dominance. The stakes are high, and so are the potential returns. With great scale comes great complexity: managing R&D tax credits at this level requires a nuanced understanding of intricate regulations and the ability to integrate these claims seamlessly into broader financial strategies. 

Practically, there are two different schemes - SME and RDEC. These have now merged for accounting periods started on or after April 2024. Depending on your financial year-end, you may still be on the old separate schemes for a while. Talk to us to find out more.

At QLC, we tailor our approach to suit the specific demands of each business, whether it’s helping an SME make the most of every R&D pound or ensuring a large company maximises its return on substantial investments.