R&D Tax Credits
We simplify and maximise our customers R&D Tax Credit claim process using the latest industry technology and authorised tax agents
of businesses qualify
of companies proceed
success rate for our clients
First Time Applicants
Our dedicated in-house consultants will guide you through every step of the application process and provide expert advice to maximise your relief and achieve the best possible results.
Already Claiming
If you already have an application with another agent or you are stuck with your claim, we can take over and assist you in whatever stage you are at. Talk to one of our expert R&D tax consultants to see how we can help.
R&D Advance Funding
If you are claiming over £100,000 in R&D tax credits, we can help you bridge that gap by offering short-term funding through a selected panel of lenders with terms tailored to your needs.
R&D Tax Credits
With our tax and technical experts in charge, carefully and meticulously preparing your R&D Tax credits claim, every possible penny will be recovered.
British companies are rewarded for investing in innovation through the Research and Development (R&D) tax credits which are incentives offered by the UK government. They provide a handy cash source for companies to invest in the acceleration of their R&D, recruiting new personnel and eventually growing.
Companies that invest in developing new products, processes or services or are improving existing products or services are entitled to R&D tax relief. You are eligible to make an R&D tax credit claim if you are spending money on your innovation. Upon acceptance, you may receive either a cash payment and/or a corporation tax rebate. The possibilities for identifying R&D are enormous – as a matter of fact, it is present in many sectors. In general, for fist time claimant, you can apply for R&D tax relief for the last two completed accounting periods.
The Process
1. Eligibility
Our in-house experts get to know your business to start identifying qualifying projects under the HMRC's R&D Tax Credit Scheme.
2. Estimate & Technical Review
We use your last year or two years' worth of profit and loss accounts to identify qualifying costs and give you an estimate of how much you can claim via the Government Incentive. The HMRC allow you to claim for the following expenses related to R&D: Wages & Salaries, Purchases/Consumables, Software/IT, and Sub-Contractors.
3. R&D Claim Report
After an R&D consultation with one of our industry experts, our authorised R&D advisers build the technical and financial report outlining the projects that fall under the HMRC's guidelines. We simplify and maximise the tax claim process by committing to completing the claim within 3-5 working days after receiving the necessary information from you and take care of the submission to HMRC using Authorised Agents
4. Receive Tax Incentive from HMRC
Your Tax Incentive will be delivered as Cash or reduce/wipe any liabilities with HMRC such as Corporation Tax or PAYE. The HMRC typically release the incentive within 28 working days from acceptance.