R & D Tax Credits

We help business get money back from HMRC for innovation, many businesses don’t know they are eligible and many have been incorrectly told that they can’t claim.   We like to call this money for innovation and HMRC call it R and D Tax credits.

What are R and D Tax credits?

HMRC will give companies extra tax relief if they spend time and money on innovation , for example

  • Developing a new product
  • Making changes to a current product
  • Developing apps or bespoke software systems

As a business owner you will know how  costly this can be both timewise and financially.   This is why HMRC want to help and encourage businesses to innovate.

Do I actually get money from HMRC and if so how much?

This can vary, but as you can claim back for 2 years, the first claim will usually mean that you will get actual cash paid to you. In the years that follow the tax credit is offset against your corporation tax , so reduces the tax you pay, so is still money in your pocket

My accountant says I can’t claim are they right?

They could be!  However we are always happy to double check, many accountants work with us, but unfortunately some just don’t understand how R and  tax credits work and don’t advise their clients properly.

How much do you charge?

We only charge if we are successful as a % of your total claim, so there is no risk to you at all.  We are very proud of our 100% success rate though !

Case Studies – R & D Tax Credits

Please click on a link below to view the different R & D case studies. Alternatively use the links on the main menu under Case Studies, then Tax Credits

Events Company

Fabrication Company

Food Manufacturer

Packaging Manufacturer