A huge proportion of companies that could make successful R&D Tax Relief claims are failing to do so because they are either unaware of this fantastic opportunity or have been wrongly advised that they do not qualify.
Your company will be eligible for R&D Tax Credits if it’s taking a risk by improving or developing a process, product or service.
Whether you have developed new software, improved a system’s efficiency or designed a product, this specialised, complex area of tax law can be “the game changer” that allows your company to fund future growth.
A typical R&D Tax Credit claim for a small company is £70,000, whilst claims for larger companies can be in the millions.
How the claim process works
We’ll talk to you to understand your business and the potential for making a successful claim. We will discuss how we would work with you, what will be involved and our fees for making a successful claim.
If you decide to proceed, one of our qualified consultant will review your business and relevant financial records in detail to identify R&D Tax Credit opportunities.
Our consultant will then produce an HMRC-compliant technical analysis, complete the necessary tax schedules and deal with any HMRC queries. If a tax rebate is due, you should receive this from HMRC approximately 60 days after the claim has been submitted.