Unleash the power of R&D incentives
Whether you are turning a profit or operating at a loss, you may qualify for R&D tax relief and benefit from either a cash benefit or your corporation tax bill could be reduced.
Very often misunderstood, this specific tax scheme known as R&D incentives is actually open to ‘almost’ all industries. Thousands of companies are making a claim each year and you may qualify also.
Are you working on a project, process or product that involves innovation, new development, a ‘green’ approach or energy saving?
How we can help:
From an initial fact-find we can quickly establish if we believe R&D is being carried out.
Working with you and your management team, we’ll compile a detailed technical report with all qualifying expenditure, which will form part of the application filings.
We’ll update or re-file the company CT600 corporation tax return to include our R&D claim.
HMRC now require an additional ‘online’ filing of the claim ahead of any filings via the company tax return, to avoid the claim being rejected.
All R&D claims are subject to HMRC agreeing the context of the claim and the financials included. We’ll work with you to support any dispute raised by HMRC.
We can do as much or as little as you require… so why not arrange a free consultation to see if your company could benefit from this research and development tax relief?
Who said that?
Recent thinking…
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