R&D relief enables companies that incur costs in the development of new products, services or processes to receive a corporation tax deduction or, if trading at a loss, a cash payment from HM RC.
Average annual claims for SME claims run at £46,000.
Provided your company is Ltd and performs R&D activities, it can claim R&D relief.
The definition of R&D Activities is:
Projects that seek to achieve an advance in overall knowledge or capability in a field of science or technology through the resolution of specific challenges.
All claims and adjustments must be made within 2 years and the company can only claim if it is required to complete a corporation tax return.