R&D Tax Relief for Dental Practices & Dental Labs

Find out if your dental practice or dental lab is eligible for R&D tax relief and learn which types of projects would benefit.
R&D Tax Relief

Your dental practice or dental laboratory may be eligible for a corporate tax reduction or cash benefit thanks to a government scheme.

It is surprising how many dental practices and dental labs in the UK are not aware of what R&D tax relief is and that they might qualify for this incentive.

It’s a government scheme, aimed at fostering investment into new science and technology. It’s available to businesses who’ve invested in advancing research and development in their field.

The Research & Development Tax Credit allows qualifying dental practices and dental laboratories to reduce their income tax liability in the current year, and file a claim for a refund for taxes paid in the previous three years.

To qualify, you must’ve completed or are currently completing a project(s) that seeks to advance the science and technology of your company’s industry, i.e. dentistry, facial aesthetics, oral health, etc.

Your project(s) must:

  • look for an advance in science and technology;
  • have had to overcome uncertainty;
  • tried to overcome this uncertainty; and
  • could not be easily worked out by a professional in your chosen field

Project examples for dental practices and dental labs:

  • Projects aimed at improving clinical results and success rates
  • New bonding materials and processes
  • Research into different bone grafting techniques
  • Technological advances in 3D printing
  • Trials in decontamination

If you’re interested in finding out whether your dental practice or dental lab qualifies for R&D tax relief, then get in touch with our dental finance expert, Robin Hoque from Acumen Finance UK.

The Dental Business Alliance (DBA) is a membership organisation helping dental professionals start, run, and grow a successful business by connecting and encouraging collaboration between companies and individuals that provide business and marketing support to dental professionals.

Keep an eye out for regular content on business and marketing from our members.

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