Meal Plan Research
Undertaking in-depth research into meal plans and catering to dietary requirements
Research with Universities
Collaborating with universities for research into disabilities that can affect your residents.
Creating Bespoke Furniture
Creating bespoke furniture that is specific to the residents to improve their standard of living
Hiring Software Developers
Developing software for different internal and external uses for HR or diagnostics purposes.
The rules of R&D are not exclusive to the above list. They are put into place to reward and refund those who are dealing with uncertainty.
With a lot of hygiene concerns, this could be a useful tool in improving the overall hygiene of your care home.
Within the sector, there is huge advancement to identify changes in different forms of behaviour with the residents.
Creating new furniture for your residents is a common innovative incentive within the industry.
As each resident has personalised needs, creating furniture that is suited specifically for them would make huge advancements for the sector.
This could also be staff with a technological background as it can aid with the intention of scientific R&D.
A project that is innovative with the aim of testing and developing an uncertainty without the guarantee of it being 100% successful.
Undergoing research and making advancements to meet new regulatory requirements
If you rely on a third party to help with part of the R&D process – this isn’t an issue! You can still use These claims are qualifying expenses for the R&D tax relief scheme.
A large majority of R&D Tax Relief claims involve staff costs, these costs can be encountered for staff who are involved in the R&D project either directly or in-directly.
A direct staff cost that is claimable is the expertise or advice from a competent professional, this is usually someone in a senior position in the industry that has had a direct involvement or effort in the R&D project, or a member of staff that has a defined and technical role that is actively involved in the project.
An indirect staff cost is still valuable in the process of your claim, it covers the ground of members of staff that help to enable R&D by being part of the management process or help to support the R&D taking place.
Externally provided workers (EPWs) are temporary workers on your R&D project, they are often sourced from an external agency who is responsible for their contract. The expenses spent on EPWs are still eligible for part of your claim, in fact you can claim up to 65% of tax credit relief on them no matter how big or small your company is.
A consumable item is any item that is used or transformed whilst in the process of undergoing R&D activity. It includes items such as raw materials, software licenses or even stock used in your project.
The idea is that these items no longer have any use after the project as they are so consumed by the activity undertaken and can be counted as qualifying expenditure.
The utilities that you use during your R&D activity, such as heat, light, power and water are all eligible to claim back with your tax relief claim. You just need to work out the proportion of each of them that was used during the activity.
This can be difficult to work out, however that is where we are here to help you with at Direct R&D using the knowledge and experience of our expertise advisors.
Here at Direct R&D we work with businesses in the Care Home sector as we recognise the significant enhancement R&D can make to a resident’s quality of life and all of those involved. If you as a business are looking to resolve uncertainties, through creating a unique process that includes rigorous market research and testing, chances are that you could be eligible for R&D tax relief again. As long as you are undergoing a project with an innovative idea that has no certainty of success, this idea is tested and developed then you should be able to claim R&D.
Here at Direct R&D our expertise advisors can help you submit your claim for minimal costs! By tackling your projects from an R&D perspective, it could not only be beneficial to your own business but the sector as a whole as well as making an impact on world wide environmental and food production issues or improvements. As long as your project has an innovative idea which is developed and tested you should be able to seek the benefits again of R&D tax relief.