Research and Development Tax Relief Consultants
Looking to cut your costs on UK R&D by claimining tax credits? If you have developed or are in the process of developing a new or appreciably improved product, process, or software system and are having to overcome scientific or technology challenges in the process, then your company can qualify for this valuable benefit!

 

  • Do you employ scientists, engineers, software developers or technicians?

  • Have you developed a new product?

  • Have you appreciably improved an existing product?

  • Have you improved an existing manufacturing process?

  • Have you conducted in-house R&D?

  • Have you developed software in-house?

  • Are you a Small or Medium-sized Enterprise (SME) that has subcontracted out any of the above?

If the answer to any of these questions is ‘yes’, and you perform activities in the UK then you could be eligible to claim R&D tax relief.

 

The benefit can be a cash credit to your business that is worth as much as 24.5% of your company's expenditure on Research and Development. That's right - if you employ only 4 software developers performing eligible  work at £25,000 each, under the UK R&D Tax Credit scheme you could be entitled to a cheque from HMRC for £24,500!

 

Our staff have assisted all sizes of companies with more than half a billion pounds of R&D tax relief claims while working for 'Big 4' firms, have published industry-leading guides and are now available to provide you with the same expert advice. We frequently work on a 'no-win no-fee' basis - we will only charge you if your UK R&D claim is accepted by HMRC.

 

Call now on 020 3004 9243 or contact us electronically for more information.

 

If you are looking for government grants, sources of funding, extra financing or simply for ways of cutting costs, R&D tax credits may provide your business with an extra annual income stream. If you  are considering patenting your product, although not conclusive, this can provides useful evidence of qualification. The UK  government and HMRC want to incentivise new product development and innovation in the UK, particularly amongst SMEs and other small businesses. The R&D Tax Relief scheme is the prime method for achieving this.  If you employ scientists, engineers or software developers then you should investigate the potential to claim R&D tax relief which can reduce their effective employment costs. The UK R&D scoreboard as well as  industry statisticsshow that R&D tax credits are being claimed across many industries including banking, manufacturing, engineering and IT services. We frequently provide no-win no-fee arrangements for claiming R&D tax credits and work in partnership with your regular tax advisors or accountants.

 
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Claiming R&D Tax Relief on Commercial Production Activities PDF Print E-mail

Companies wishing to claim R&D tax relief on production activities (undertaken with a view to producing goods or services for supply to customers) such as prototypes or consumables that are eventually commercialised or sold should be aware that HMRC has firmed up its position to consistently reject these claims.

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Latest UK R&D Scoreboard published PDF Print E-mail

The latest UK R&D scoreboard is now available here from the Department of Information, University and Skills (formerly known as the DTI Scoreboard) and makes interesting reading. Click here for our view.

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Australia plans on streamlining R&D Concession PDF Print E-mail

August 11, 2009

The Rudd government will use the spring sittings of parliament to introduce a number of tax reform measures, Assistant Treasurer Nick Sherry says. See here for more details

 

 
Results of the CBI survey into UK R&D Tax Credits PDF Print E-mail

CBI  Survey shows less than 10% of businesses fully satisfied with costs of claiming R&D tax relief

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R&D in the Games Development sector PDF Print E-mail

A new report from NESTA (National Endowment for Science Technology and the Arts) has highlighted the growing challenges that the UK games development sector faces in an era of growing globalisation, with comparative analysis of incentives in different jurisdictions for performing research and development with an indication that the UK will slip from 3rd to 5th place in the next 2 years and proposes simplifying the R&D tax relief system.

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