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Your accountant might be able to follow the claim process, however, many business owners found that not only R&D tax specialists have a higher rate of success, but they also know what activities qualify as Research & Development better than anyone else.
Furthermore, a specialist has done this kind of claim so many times that they know exactly what information HMRC need and how to present it.
Get in touch with us and we'll assess your situation.
We examine your activities and find those that qualify as R&D.
We put all the information together and submit your claim to HMRC.
You will either get a cash refund or tax credits.
If research and development are part of your business, you are probably investing considerably in it.
The point is everyone in the industry gains benefits from your work.
Don’t you think this activity should be rewarded?
We do, and so does the Government, that’s why there is a specific Research & Development tax credit scheme that allows companies to save money or receive tax rebates.
We don’t know for sure until we carry out our initial analysis.
What we know, based on our experience, is that a lot of businesses qualify without realising and as a result are missing out on unclaimed tax credits.
For now, you can check if you meet these main three criteria, even if the R&D project was not successful:
65% of the R&D tax credit claims are made by businesses based in London and the South-East. This means that businesses in the rest of the UK aren’t claiming what they’re entitled to.
Profit-making companies can subtract an additional 130% of qualifying costs from their annual profit, while loss-making companies can receive a 14.5% tax credit of their surrenderable loss.
You can simply put us in charge of the whole claim process and we will file your application to HMRC, deal with them on your behalf and make sure you get either a cash refund or a reduction on your next corporation tax bill.
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