Who We Are
We are a specialised firm dedicated to helping businesses unlock the full potential of claiming R&D tax reliefs whilst ensuring complete compliance with tax regulations and guidelines.
What We Do
We work closely with businesses of all sizes, across diverse sectors, to identify eligible research and development activities, maximise R&D tax benefits, and ensure accurate and fully compliant R&D claims.
The GRDF 2.0 Toolkit helps companies with a proven strategy to create credible, compliant R&D claims and maximise funding. Our process begins through by ensuring we’re all up to date with the definition of R&D for tax purposes and the requirements of making R&D claims.
We work alongside your technical teams to analyse projects that meet the R&D definition and identify qualifying R&D activities that fall within the boundaries of the qualifying projects. Once the qualifying activities have been identified, we validate them by applying our GRDF Assessment Methodology, and certify the outcome in an Assessment Report. We then arrange for submission of the R&D claim numbers into the company tax return, all the standard supporting documentation, and the certified Assessment Report, to HMRC.
In short, our assessment process assures a confident road to claiming R&D tax relief, ensuring it is as robust as possible to enable companies to make a successful claim.
Our Results
The level of benefit back to a business depends on several factors. The qualifying expenditure is linked to the number of R&D projects undertaken in the financial year and the financial spend associated with the projects. For R&D tax purposes, the financial spend that can be claimed typically includes consumables destroyed and transformed during the R&D process, staffing costs, software licences and cloud computing costs, water, fuel and power costs, subcontractor costs and externally provided workers.
Ultimately, the categories of expenditure that can be claimed vary, if the business is a large or small-medium enterprise (or where certain commercial arrangements exist on R&D projects, altering the way in which relief has to be claimed). These factors and the taxable position of the company, determine the level of relief that a company receives.
Generally speaking, if the company is in a loss-making position, it is possible to claim a cash credit. If the company is in a profit-making position, R&D tax relief can be used to reduce your tax liability.
Are you ready to find out how much your business could claim?
Deep Legislative Knowledge
We understand the tax regulations around claiming R&D tax relief, and stay on top of industry trends. We use this knowledge to help you determine if a project is qualifying for tax relief and the costs that can be claimed.
Qualified Industry Experts
We have a team of technical subject matter experts with regulatory knowledge who speak your technical language. We also work with former HMRC inspectors to stay informed on the current enquiry landscape.
Certified Assessment Report
We apply our proprietary GRDF Assessment Methodology when preparing R&D tax relief claims and certify the outcome in an Assessment Report that is added to the standard claim submission.
What Type of Activities Qualify?
There are many different types of projects that may qualify for R&D tax relief, so we encourage you to get in touch for a conversation if you believe your company may be able to claim.
Qualifying activities may include:
Manufacturing
Developing a more efficient production process that minimises waste, improves precision, or accommodates new materials may qualify as R&D.
Engineering and Material Science
Strengthening and enhancing the durability of materials designed for extreme conditions, such as those found in aerospace or automotive applications. This process may involve experimenting with new composites, running simulations, or creating prototypes to address technical challenges.
Software Engineering
Designing a new, secure, and highly scalable cloud platform featuring advanced encryption and improved data-handling capabilities.
Construction
Innovating construction methods and materials or the development of new installation techniques; for example, using recycled materials and new composites to create a new product that meets structural integrity or insulation standards.
New Materials
Conducting research to identify biopolymers and additives that improve the biodegradability of conventional plastics
The GRDF 2.0 Toolkit
Grantica has issued the GRDF 2.0 Toolkit that provides a systematic assessment methodology to standardise the evaluation of UK R&D tax relief claims. The GRDF Toolkit consists of three distinct but interlinked components:
GRDF 2.0: the Grantica R&D Framework 2.0 outlines the eight-step assessment process that underpins GRDF. Each step represents a key phase in the preparation and assessment of an R&D tax relief claim on behalf of a claimant company, from gathering information through to submission.
Guidelines on the Application of the GRDF Toolkit: the GRDF Guidelines provide practical guidance on how to use the GRDF Toolkit, including the scope of the GRDF Toolkit, prerequisites for its application, and instructions for using the GRDF Assessment Methodology effectively and consistently when evaluating R&D tax relief claims.
GRDF 2.0 Assessment Methodology: the GRDF Assessment Methodology contains a structured set of assessment questions aligned to each of the eight GRDF 2.0 steps, with each step led by the appropriate expert (Technical, Financial/Tax, or Compliance/Audit) to ensure thorough scrutiny of all claim components. This detailed methodology supports a consistent, evidence-based evaluation of R&D tax relief claims and forms the basis of the assessor’s review.
After completing the GRDF Assessment Methodology, Grantica issues the Certified R&D Assessment Report, certifying the outcome of the assessment.
Download the GRDF 2.0 Toolkit
Tech company secures close to £300K in innovation funding
When we started working with Multipond, they were looking for a specialist in R&D claims, what they actually got with Grantica was a true innovation partner. Our team of chartered engineers, tax advisors and technical consultants, using our unique 8-step innovation funding strategy, crafted a watertight R&D application, resulting in a six-digit innovation funding pay-out in only a few weeks.