How quickly will I receive my Tax refund?

November 19, 2020

2020 has been challenging for many businesses and putting in a claim for a R&D Tax Credit/Refund can be a welcome cash injection to help businesses like yours overcome the devastating affect COVID-19 has had.

HMRC is committed to making sure that your refund is received quickly at this difficult time. They have increased their resources to help with the processing of R&D claims to keep everything running efficiently.

This is good news for businesses, 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.

Innovation in Life can help you. We are specialists in Innovation Funding (Research & Development).  We have extensive experience and expertise in this field and will assist you with the entire process of claiming the Government’s HMRC Innovation Funding.  We will work closely with you to identify the innovation projects that you are carrying out within your Company and the associated qualifying activity.

All that is required is a no obligation 15-minute telephone conversation. Contact us today on 020 7052 8323, we would love to hear from you and work with you to help your Company prepare a claim and receive the invaluable innovation funding available to you.

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