If you realise that you are eligible for a claim, you can make a claim yourself. This is often time-consuming and confusing. With us, the process will be simple.
It’s likely we will need a maximum of three hours of your time.
If in our opinion your business does qualify, we’ll work with you to substantiate the figures.
We then prepare a report and handle the submission of the claim and any communication with HMRC.
We have a 100% success rate with submitted R&D tax credits claims, thanks to the depth and breadth of knowledge that our technical directors, all chartered tax advisors, have in this highly specialised area of taxation.
Finally, once you have received your cheque from HMRC, we will help you to set up an accounting structure to make future investment in R&D easier to track and record. Then your next claim will be even easier.
The average R&D tax relief claim is approximately £67,000 per year. Payment of successful claims can often be made within four weeks of submission to HMRC.
There are a number of reasons why companies aren’t claiming this relief. They include:
Lack of awareness
Even though R&D is 100% legitimate and encouraged by the government, not a lot of money has been invested in publicising this form of tax relief.
It’s our mission to spread the word, to help as many companies as possible to take advantage of the generous and beneficial payments available.
Businesses not realising they are eligible
Even if they’ve heard about this scheme, many business owners assume that only research or science companies are eligible, or they think they would need to run specific R&D projects and teams. In reality, companies from ANY industry or sector may be eligible.
We will help you uncover any eligible R&D work that could give you the tax relief you’re entitled to, which could provide a much-needed cash boost for your business.
Business owners being unsure of how to make a claim
With the general lack of awareness of R&D, it’s not surprising that business owners have no idea how to go about making a claim. Many also worry that the process will be time-consuming or expensive, and that they don’t have the resources needed to make a claim.
We’ll take away any of those concerns. We operate on a ‘no win, no fee’ basis, and have a 100% success rate – we won’t even start the process for you if we know you’re not eligible.
If you’re eligible for R&D tax credits, your rebate will far outweigh our charges to you.