Research and Development Tax Incentives

A simple equation: research and development + claim = cash from HMRC.

By making a research and development (R&D) claim, an innovative company can either reduce its tax bill or make a claim to receive cash from HMRC.
We achieve for our clients an average tax benefit of twice the national average (per HMRC statistics).

5 reasons why businesses should make R&D claims

  • For a profitable company: to reduce its corporation tax bill
  • For a loss-making company: to claim cash from HMRC
  • To improve the company’s cash flow
  • To make the company’s balance sheet look healthier
  • To increase the company’s reserves

What is innovation?

Innovative business are not just:
  • Technology companies
  • Research focused companies e.g. pharma and biotechnical companies
  • Manufacturers
but also surprisingly:
  • Technology companies
  • Research focused companies e.g. pharma and biotechnical companies
  • Manufacturers

What we do

Not just:
  • help you to identify R&D projects
  • prepare your R&D claims
  • deal with HMRC queries
But also:
  • review and replace your previously understated claims
  • help with setting up internal procedures to capture R&D data
  • help maximise the benefit from R&D tax losses

Research and development indicators

You develop new:
  • products, devices and components
  • manufacturing processes
  • software
You significantly improve existing:
  • Technology companies
  • products, devices and components
  • manufacturing processes
  • software
Array
(
    [activate_filter] => 0
    [terms_query] => 0
    [hide_content] => 0
    [full_content] => 0
    [hide_dates] => 0
    [layout] => boxes_new
    [sticky] => 0
    [hide_links] => 0
    [hide_read_more] => 1
    [hide_title] => 0
    [hide_authors] => 1
    [hide_tags] => 0
    [hide_classes] => 0
    [hide_comments] => 1
    [show_yearcount] => 0
    [imgwidth] => 6
    [count] => 2
)
7
autumn-mountain-sun

Better and simpler tax incentive schemes: are we seeing progress?

Corporate
The promised review of tax incentives is welcomed, but there is more to do.
23 Nov, 2016
city-cycling

2016 R&D statistics released

Corporate
Businesses are not taking advantage of the cash injection or reduced tax liability available to companies making an R&D claim.
10 Oct, 2016
Follow my company on LinkedInFollow me on TwitterWatch my channel on YouTube