We’d like to draw your attention to a Tax Relief, R&D Tax Relief.
R&D tax relief was introduced by the government to support and incentivise innovation amongst small and medium sized UK businesses.
Qualifying businesses can make an R&D Tax Relief claim up to 2 years AFTER the end of the accounting year in which you incurred the costs. This means you could make a claim for costs that were incurred up to 3 years ago.
If you make profits, you can claim an immediate refund of corporation tax. If you are loss making, HMRC will pay you a cash credit of 33% (from April 2023, this will be changing to up to 21.5%) of the amount you have spent.
Through asking the right questions, we’ll be able to determine for you in a quick 15-minute conversation whether you are eligible to make a claim.
Your specialist R&D partner
Our aim is to make sure all our business owner clients understand whether their business activities qualify for R&D Tax Relief, by either ruling you in or out.
There are many R&D tax providers in the market, but with us the process for you is painless and they’ll deliver you the maximum cash back into your business.
To get started book a 15 minute call to find out if you are eligible to make an R&D claim and estimate the cash value of your claim.
Next, we’ll book a consultation call, where you will answer a series of questions about your business activities and the amount you have spent, to find out how much cash you are owed by HMRC.
Finally, we’ll provide you with a robust report and guidance on filing your tax return. You will usually receive the cash from
Find out if you are eligible
If you’d like to find out if your businesses could be eligible for R&D Tax Relief, book your 30 minute call here, you’ve got nothing to lose.