We have extensive experience and expertise in this field and will assist you with the entire process of claiming the Government’s HMRC R&D Tax Credits/Refunds. We will work closely with you to identify the R&D projects that you are carrying out within your company and the associated qualifying activity. Our sole focus and attention to detail ensures you benefit from the maximum claim value to fuel your company’s growth.
learn moreHMRC Research & Development (R&D) Tax Credits/Refunds are a Government incentive introduced under the previous Labour Government and are still in place under the current Government. This valuable source of funds helps companies to grow, continue to innovate and invest in Research & Development. R&D incentives can transform your company and if you are making a claim for the first time, you will be able to claim for the previous two financial years.
more infoWe offer a seamless service and will take care of every single part of the claim from the moment you engage with us. There are four simple steps to make a claim.
The average claim preparation will take no longer than 4 weeks and HMRC aim to make payment in 28 days, with only 6 to 7 hours of your company's time needed to complete the claim
make a claimThere are a number of ways of identifying how much Research and Development (R&D) work each staff member does. The way an employee’s time is allocated will depend on the nature of the R&D work you have undertaken and what records you have on how staff time was spent on these activities.
We offer a no obligation 15-minute telephone conversation, so we can highlight areas of qualifying activity and the potential value of your claim.
Employer pension contributions are classed as qualifying expenditure for the purposes of a Research and Development (R&D) Tax Credit/Refund claim. As long as the staff member is involved in your R&D project, you can include their employer pension contributions in your claim
Research and Development (R&D) Tax Credits/Refunds can only be claimed by companies that are liable to pay UK Corporation Tax. Sole traders do not pay UK Corporation Tax and, as a result, they cannot claim R&D Tax Credits/Refunds.
A competent professional is someone in your company who has a successful track record, notable experience and skills or qualifications in your relevant area of science or technology. For software projects, this may be a developer; or, in a manufacturing business, it might be an engineer.
No, you do not need to have spent a minimum amount on qualifying Research and Development (R&D) to submit a R&D Tax Credit/Refund claim to the HMRC.
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