R&D tax relief - maximise your return
The R&D relief regime rewards businesses that undertake innovation and pushes the known boundaries of their relevant fields. The relief can provide additional benefit, that businesses can reinvest to promote innovation and support the UK economy.
At Streets, we work with businesses across all sectors to identify qualifying activities, prepare robust claims and manage the process from start to finish. Our goal is to ensure you secure the full relief you’re entitled to, while remaining fully compliant with HMRC requirements.
Our services include:
- With over 30 years’ experience as a team of engineers, nuclear scientists, tax professionals and PhD students, the team provide professional guidance on the eligibility under the merged R&D tax relief scheme (relating to accounting periods beginning on or after 1 April 2024. Prior to this period eligibility under the SME & RDEC relief schemes.).
- Initial discovery & strategic planning - this stage lays the foundation for each claim by building an understanding of the business’ activities and aligning them with HMRC’s requirements.
- R&D claim preparation and documentation - technical narrative, financial documentation and analysis, strategic compliance advisory.
- Submission and ongoing support - the team will focus on submission, compliance and maintaining open lines of communication with HMRC.
Why Streets?
We blend innovative technical insight with a deep understanding of tax legislation to ensure accuracy and confidence. You can find more information on our process here R&D Tax Relief – Streets Innovation
Grant funding – access the right opportunities
At Streets Innovation, we help clients secure game-changing, non-dilutive funding to accelerate your business. Our in-house specialists manage the entire process, identifying opportunities, crafting strong applications and overseeing submissions, so you can focus on delivery.
How we help:
- Tailored advice – we take time to understand your goals and align them to the right funding streams.
- Funding strategy – targeting the most promising grants to maximise success.
- Project shaping – turning ideas into detailed, fundable proposals.
- Consortium building – connecting you with the right partners.
- Market insight – analysing needs, opportunities and competition.
- Full process management – from fact-finding and writing to submission and follow-up.
Explore funding opportunities via our online grant finder service Grant Finder – Streets Innovation
Patent Box – reduce corporation tax on profits from innovation
The UK’s Patent Box regime allows companies to apply a reduced 10% rate of Corporation Tax to profits earned from patented inventions. If your business holds or exclusively licenses patents granted by the UK Intellectual Property Office, the European Patent Office or certain other EEA countries, you could significantly cut your tax bill.
Our expertise includes:
- Patent Box tax relief – apply a lower 10% Corporation Tax rate on profits from qualifying UK, EPO or EEA patents.
- Eligibility review – confirm if your company qualifies and advise on electing into the scheme.
- Profit analysis – identify and stream relevant IP-related income - from products, licensing, infringement and more.
- Development Nexus computation – link R&D investments to your IP to accurately calculate the deductible proportion.
- Claim preparation – support in structuring, electing, and documenting your Patent Box submission.
We help you navigate this complex regime, combining technical insight with IP strategy to make your innovation count.
