Research and development tax relief is a generous tax break available to companies undertaking R&D projects. The relief can lead to substantial reductions in corporation tax and in some instances receipt of a cash tax credit from HMRC. The tax credit can be particularly useful for start ups who are yet to bring their project to market.
We have a great deal of experience in handling R&D tax claims, and in recent times have dealt with claims in areas as diverse as biological mediums, tidal prediction technology, cloud IT platforms, materials technology and vehicle collision detection.
Our R&D service includes:
– A collaborative approach to identifying qualifying expenditure and preparation of supporting documentation in justifying to HMRC that the R&D is a qualifying activity
– Preparation and submission of the relief claim to HMRC
If your company is pushing the envelope in science or technology then get in touch to arrange a FREE consultation in which we will assess your chances of a claim being successful.