Tax Credits Eligibility Checklist

R&D TAX CREDITS ELIGIBILITY CHECKLIST Research & Development Tax Credits COMPANY: BUSINESS TYPE: NO OF YEARS ESTABLISHED: NAME OF BUSSINESS OWNER(S): CONTACT DETAILS (ADDRESS, PHONE NO, EMAIL): SECTION 1 (Tick to answer Yes) IF ANY ANSWERS GIVEN IN SECTION 1 ARE YES THEN SECTION 2 ASKS FOR MORE DETAILS ABOUT THE COMPANY A. Does the business undertake the development of new products and/or processes? B. Does the business aim to reproduce current products or products in an improved way? C. Has the business made a substantial improvement in its field of work? D. Does the business either employ or sub-contract engineers, software developers, technical staff or scientists? E. Does the business deem itself to be technically innovative and contribute at least some part of its development effort to overcoming technological uncertainties? F. Would the business view at least some of its development work to be not readily deducible by a capable and qualified professional in that specific field? G. Does the business pay out money on the costs of staff, consumables and/or sub contractor costs in order to begin the development of the work? If you have answered Yes to either A or B and then Yes to answers C - G your business may be entitled to R&D Tax Credits. Now please answer all the questions in Section 2. If you were not able to answer Yes to either A or B or answered No to any of the questions C G then it will be very unlikely that your business will be able to claim R&D Tax Credits. If this is the case then there is no requirement to continue with this form. SECTION 2 A. Does the business spend more than 50,000 per annum on Research and Development? B. Is the business part of a group? C. If the business is part of a group then please give details about the group structure: D. Who are the shareholders in the company, how many shares does each shareholder have, what percentage does each shareholder have? E. Do any of the shareholders have significant interests in other businesses? If yes please give details: F. Are any of the shares owned by venture capitalist organizations? If yes please give details: G. How many people does the business employ? H. Please state approximate;

I. Are there any taxable losses brought onwards? J. When is the businesses accounting year end? K. What is the businesses approximate total wage bill? (include salaries, pensions, employers NI, and bonuses), exclude dividends or attach a copy of the accounts: L. Does the company have any PAYE / VAT arrears? M. Is the business in receipt of any state / governmental aid (grants etc.) for their Research & Development Projects? Has the business ever previously attempted to claim R&D Tax Credits? Does the business have any patents, awards for innovation, or any other type of industry / thought leadership recognition? For more information about whether or not your business qualifies for R&D Tax Credits Contact RandD UK Ltd. http://www.rAnddukltd.co.uk. R&D Tax Credits