What an introduction is worth
Two estimates. One for a client you introduce. One for referrers you introduce.
8
Developers, engineers, scientists and the people who work with them on the technical problem.
£
Leave blank to use 65,000 a head.
Estimated qualifying spend—
Estimated relief, merged scheme—
Randd's estimated fee typical, confirmed on the scoping call—
Your commission, year one—
Your commission, each year after—
Three years—
A first claim needs a Randd fee of at least £6,000 to qualify.
Introduce other referrers and earn a share of what their clients bring. Ask Joe for the terms.
How this is worked out
- Every figure is an estimate. The scoping call confirms the real numbers.
- Technical staff cost: the number of staff times £65,000 a head, unless you enter a figure.
- Qualifying spend: 80% of technical staff cost. Not all technical time is R&D.
- Relief: about 16% of qualifying spend under the merged scheme; about 27% under ERIS for a loss-making, R&D intensive company.
- Randd's fee: 15% of relief is the display assumption.
- Your commission: 15% of Randd's fee in year one, 10% each year after, for the life of the client.
- A first claim needs a Randd fee of at least £6,000.