Science-led companies face pressure to control development costs, protect margins and fund investment in research, testing, specialist equipment and intellectual property.
These pressures can create tax relief opportunities where costs relate to qualifying R&D work, patented technology or capital investment in laboratory, clinical or technical assets.
Common challenges include:
R&D tax relief may support cash flow where a valid claim reduces Corporation Tax payable or generates a payable credit, depending on the applicable scheme and company position. Patent Box may reduce Corporation Tax on profits linked to qualifying patented technology. Capital Allowances may reduce taxable profits on qualifying specialist equipment, laboratory fit-out and technical asset spend.
We assess your projects, costs, intellectual property and assets to identify relevant reliefs, calculate qualifying expenditure and prepare supporting claim documentation.
Pharmaceuticals
Biotechnology
Sports science organisations
Cosmetics and cosmeceuticals
Healthcare companies
Medical device companies
Medical services providers
Veterinary businesses
Environmental services
Health and wellness companies
R&D Tax Credits help science-led companies recover part of the cost of scientific and technical development work, including projects involving formulation, laboratory testing, prototype development, validation activity or experimental trials.
A valid claim may reduce Corporation Tax or generate a payable credit, depending on the scheme and company position.
Patent Box helps science-led companies reduce Corporation Tax on profits linked to qualifying patented technology.
The relief is relevant when your company owns or exclusively licenses a qualifying patent and earns income from patented formulations, compounds, devices, methods or technical inventions.
Science-led businesses can invest significantly in laboratories, research facilities, specialist premises and technical fitouts. Capital Allowances can provide tax relief on qualifying expenditure within the buildings, fitouts and infrastructure supporting these operations. We review capital expenditure associated with your property to identify qualifying plant, fixtures and integral features that may not have been fully recognised through standard accounting processes.
Science-led businesses may acquire, develop or refurbish specialist premises on sites with a history of industrial, laboratory or other commercial use. Where contamination or dereliction creates qualifying remediation costs, Land Remediation Relief can provide an enhanced tax deduction.
At Bonham & Brook, science-led R&D claims are led by dedicated R&D specialists who understand how technical development appears in laboratory, clinical and regulated development environments.
Our specialists work with scientists, researchers, laboratory teams, technical leads, regulatory teams and finance teams to review formulation work, laboratory testing, prototype development, validation work and experimental trials.
We use project team input, technical records and financial data to prepare a claim that explains the technical uncertainty, defines the qualifying activity and links supporting costs to the activity being claimed.
A structured, specialist-led approach designed to deliver consistent, compliant results across complex tax and funding challenges.
Examples of how we’ve helped businesses secure funding, manage risk, and unlock tax value.
Get a comprehensive guide to help you identify, prepare, and maximise your R&D claims.
Feedback from businesses we’ve supported.
CEO, ChestPal Ltd
Book a structured, no-obligation review with a specialist. We’ll assess your research activity, R&D claim potential, Patent Box position and specialist asset expenditure, then provide a clear viability report.
All discussions are held in strict confidence.
Initial eligibility consultation is always complimentary.
