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Research and Development

Rewarding innovation and investment in growth.

Innovation is the lifeblood of many successful businesses. Whether you’re developing new products, improving processes, advancing technology or solving complex technical challenges, your investment in research and development may qualify for valuable tax relief.

Navigating the R&D tax relief regime can be complex, with evolving legislation, detailed eligibility requirements and increased scrutiny from HMRC. Understanding what qualifies, gathering the right evidence and preparing a robust claim is essential to securing the relief your business deserves.

Our specialists work closely with businesses across a wide range of sectors to identify qualifying activities, maximise eligible claims and ensure submissions are fully supported. We combine technical tax expertise with a practical understanding of innovation, helping businesses benefit from incentives designed to encourage growth and investment.

How we can help

Our R&D tax services include:

  • R&D tax relief eligibility reviews
  • Identification of qualifying projects and activities
  • Claim preparation and submission
  • Technical and financial analysis
  • R&D expenditure assessments
  • HMRC enquiry support
  • Claim documentation and evidence gathering
  • R&D advisory support for growing businesses
  • Grant funding interaction reviews
  • Tax relief and incentive planning
  • Innovation strategy support
  • Ongoing compliance and legislative guidance

Helping businesses innovate with confidence

Many companies undertake qualifying R&D activities without realising it. Our team helps uncover opportunities across manufacturing, engineering, technology, construction, agriculture and professional services, ensuring businesses receive the support available for their innovation efforts.

By understanding your business and its objectives, we can help turn investment in development and improvement into meaningful tax savings.

Why choose Monahans for R&D Tax Relief?

  • Specialist expertise in innovation tax incentives
  • Experience across a broad range of industries
  • Thorough and well-supported claims
  • Practical guidance throughout the process
  • Support with HMRC enquiries and reviews
  • Integrated tax and business advisory expertise

Innovation drives growth. Our specialists help businesses identify, claim and maximise available R&D tax incentives so they can continue investing in the future.

Supporting innovation with specialist tax expertise.

Meet the experts

Stephanie Hurst

Stephanie Hurst

Corporate Tax Director
Dominic Bourquin

Dominic Bourquin

Partner

Frequently Asked Questions

What qualifies as research and development?

Qualifying activities typically involve seeking an advance in science or technology and overcoming technical uncertainty.

Do businesses need to operate in the technology sector?

No. Qualifying R&D activities occur across many industries, including manufacturing, engineering, construction, software and life sciences.

What costs can be included in an R&D claim?

Eligible costs can include staff costs, software, consumables and subcontractor expenses, depending on the circumstances.

Can small businesses claim R&D tax relief?

Yes. Many SMEs undertake qualifying activities without realising they may be eligible.

What information is required for a claim?

Claims require technical and financial evidence supporting eligible activities and expenditure.

Can you help prepare and submit claims?

Yes. We manage the process from initial assessment through to claim submission.

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