accountants

Many accountancy firms or small tax advisors are financial specialists but not scientists or technologists and are not sure if the work that their clients do will qualify for UK R&D tax relief . As such they frequently rely on the clients determining whether or not they qualify but often the clients will also not know whether their work qualifies under the tax definition of R&D and valuable relief goes unclaimed.

 

Potentially any of your clients that employ scientists, engineers or software developers can make a claim which can allow SMEs (EU definition) to deduct 175% of their R&D costs against profits or if loss-making to receive a tax credit of 24.5% of their R&D expenditure. Large companies can deduct 130% of their R&D costs against profits, a net benefit of 8.4% for a 30% tax payer.


We are happy to work in partnership with you, allowing you to offer R&D Tax Credit consulting to your clients as an added value no-win no-fee service with a profitable revenue-share for yourselves.

 

Please contact us for more details