Research and Development tax relief is a valuable government tax initiative set up in 2000, to reward U.K. companies that spend time and money on research and development in order to develop new products, processes, materials, devices, services or enhancing existing ones within their industry sector.
Research and development tax credits are a tax relief designed to encourage greater Research and Development spending, leading in turn to greater investment in innovation
By claiming Research and development tax relief we can help you reduce or clear the amount of corporation tax paid, or receive cash credits if you have not paid corporation tax.
Our business works with UK limited
companies to identify projects that have completed the following
areas of development.
● New Products
● New Processes
● New
Devices
● New Systems
● New Materials
We also assist our clients with their ongoing improvements to the above.
The Average claim is £47,000.
Don't miss out on what your competitors are taking advantage of.
● Initial Meeting to establish any Research and Development
● Technical due diligence.
● Aduit - (Visit from in-house specialist).
● Financial due diligence.
● Submission.
Industries we have claimed for:
Accommodation & Food Manufacturing Admin & Support Services Mining & Quarrying Agriculture, Forestry & Fishing Inline Retail Arts, Entertainment & Recreation Other Services Activities Construction Professional, Scientific & Technical Distribution Pharmacy Education Public Admin, Defence & Social Services Electricity, Gas, Steam & Air Real Estate Specialist Care Homes Training Organisations Finical & Insurance Transport & Storage Health & Social Work Providers Water, Sewerage and Waste Information & Communication Wholesale & Retail, Trade Repairs How to Maximise your Next Claim
With heightened HMRC scrutiny it has become increasingly important to keep detailled records at each stage of a project Our Quarterly Review is designed to extract concurrent project information and portray an accurate timeline of how and when your uncertainties were overcome. Working with us every quarter reduces the need to compile or visit project information, allowing you more time to focus on your day-to-day role.