X CLOSE
1Information
2Amount
X
Experience Industry Experts

Your Success, Our Priority

Swift Funding Solutions

Tailored For Your Success

Experience Industry Experts

Your Success, Our Priority

Swift Funding Solutions

Tailored For Your Success

RDEC Tax Credits

Use HMRC’s RDEC scheme to your advantage and invest back into your business sooner. Get your funds within one week instead of months.

For large enterprises.

Up to 80% value as a cash payment.

Receive funds quickly.

All applications are considered.
Download Our Executive Summary

RDEC Tax Credit for larger enterprises

The RDEC scheme is for larger companies who are eligible for tax credit relief on expenses related to research and development.

Any RDEC expenditures made on or after April 1st 2023 have now increased from 13% to 20%. 

Applying for the wrong R&D tax credit scheme is one of the most common mistakes that occurs in this process. 

We support both SMEs and larger enterprises to get the most out of their R&D tax relief by issuing funds sooner than HMRC.

Request a callback

"*" indicates required fields

Your Name*

Support and loans when accounting for RDEC.

Large companies are categorised as:

  1. A staff headcount of over 500.
  2. A turnover of £86.12 million or more.
  3. At least €74.06 million in gross assets.

Other ways to determine whether a company’s R&D claim sits under the SME or RDEC scheme include:

  1. If the company is a member of a 51% group.
  2. If the company has any private equity shareholders.
  3. If the company is in receipt of grant funding.

The rate for large companies is typically around 10-13% of qualifying R&D expenditures.

After April 1st 2024, the SME and RDEC scheme will be merged together, with a 19% notional tax rate for loss-making companies.

Apply now. It takes 5 minutes!

Apply for RDEC tax credit loans for large enterprises in 4 steps

As a business owner investing in research and development, you may be eligible for R&D Tax Credits. Applying for a loan with Buzz Capital is a simple process that can be completed in just four steps.

Apply

Fill out your online application form – this takes 5-10 minutes.

Agree

Using your information, we’ll issue a term sheet for discussion.

Finance 

We’ll issue relevant legal documents, and make payment once signed.

Repay

Our loan is repaid once HMRC has processed your tax credit claim.

Apply for RDEC tax credit loans for large enterprises in 4 steps

As a business owner investing in research and development, you may be eligible for R&D Tax Credits. Applying for a loan with Buzz Capital is a simple process that can be completed in just four steps.

Apply

Fill out your online application form – this takes 5-10 minutes.

Agree

Using your information, we’ll issue a term sheet for discussion.

Finance 

We’ll issue relevant legal documents, and make payment once signed.

Repay

Our loan is repaid once HMRC has processed your tax credit claim.

Improve cashflow by receiving your RDEC Tax Credit within one week

We pay close attention to every application that is submitted to us, and do not instantly dismiss anyone.

We are experts in the finance industry with over 60 years of experience, enabling us to successfully support large companies in maximising their cashflow with RDEC advanced funding.

I would recommend Buzz Capital and will always be using them

“Our experience with Buzz was really good. They were responsive to our questions and transparent throughout the process, which was quite quick. If you’re a startup looking to solve a cash crunch Buzz can help.”

Eric DeGolier • Director • Body Rocket

What is the RDEC scheme?

Large companies that engage in qualifying R&D activities are eligible to claim RDEC. The RDEC is calculated as a percentage of a company’s qualifying R&D expenditure. To be eligible for RDEC, the R&D activities must meet certain criteria. Generally, eligible activities involve seeking to achieve scientific or technological advancements, but there are countless opportunities where R&D is used across non-scientific sectors that can be eligible to claim tax credit for.

Getting a loan for R&D tax credits instead of waiting for funds from HMRC is advantageous for immediate access to capital, effective cash flow management, and flexibility in funding allocation. Loans offer businesses the ability to seize opportunities, mitigate risks associated with delayed reimbursements, and maintain control over the R&D process.

Industries that can benefit from the RDEC scheme

We consistently monitor the market and regularly assess our financing choices to ensure the best possible rates for our customers.

At Buzz Capital we are proud to offer bespoke financing solutions that can be customized to meet your specific needs, offering a personalized option that aligns best with your business.

Is your business eligible for RDEC tax credit?

We advise you to check with your accountant or an R&D specialist if you qualify for the R&D tax credit scheme. The main criteria that can generally determine whether a business is eligible for research and development tax relief are:

Looked for an advance in science & technology

Had to overcome a level of uncertainty

Tried to overcome this uncertainty through R&D

Could not be easily worked out by a professional in the field

Is your business eligible for RDEC tax credit?

We advise you to check with your accountant or an R&D specialist if you qualify for the R&D tax credit scheme. The main criteria that can generally determine whether a business is eligible for research and development tax relief are:

Looked for an advance in science & technology

Had to overcome a level of uncertainty

Tried to overcome this uncertainty through R&D

Could not be easily worked out by a professional in the field

Invest your RDEC Tax Credit back into your business sooner with a Tax Credit loan.

In our experience with the RDEC scheme, we have seen companies miss out the most by underclaiming their R&D tax relief, or not claiming because they think they are not eligible. We would always encourage companies to seek advice from their accountants and R&D specialists.

Receive your R&D tax credits sooner and improve your cashflow and flexibility as a business. Opting for a loan with Buzz Capital places your R&D credit in safe hands: maximising your claim and receiving your funds sooner.

Frequently Asked Questions

Days. Whilst several factors can influence the process; we aim to have the funds in your business account within a matter of days, subject to receiving the required supporting documentation and due diligence.

We have an introductory guide here, but please get in touch and we can discuss your qualifying R&D expenditure in more detail.

If this is the case then you need to apply under the SME scheme. More information regarding SME R&D tax relief can be found here.

Any RDEC expenditures made on or after April 1st 2023 have now increased from 13% to 20%. 

RDEC is subject to corporation tax. So, it is also subject to the increased corporation tax rate, but still works out as higher relief overall.

After April 1st 2024, the SME and RDEC scheme will be merged together, with a 19% notional tax rate for loss-making companies.

Large companies can claim back 100% of the costs of any work that is directly undertaken by:

  • an individual
  • a partnership of individuals
  • a charity
  • a higher education institute
  • a scientific research organisation
  • a health service body

No, we do not usually require personal guarantees.

No. Any fees or interest rates will be deducted from the gross loan to leave a net day 1 advance, so that you are never out of pocket to pay costs.