R&D tax incentives

Tax credits and incentives can be a major driver of growth for your business, supporting innovation and R&D initiatives.

R&D Tax Credits

The UK government’s introduction of tax incentives to encourage companies to invest in R&D activities has created valuable IP opportunities and is also providing skilled jobs: crucial at present as companies change working practice to maintain their competitive edge and to survive the Covid19 pandemic.

For SMEs, these R&D Tax Credits are now well established and have been made increasingly generous. However, there is evidence that several small companies who would be eligible to make a claim have not yet done so.  If you believe you fall into this category, please contact us today.

Large corporates can also benefit significantly, and should revisit their R&D activities regularly to ensure that they are maximising their claims.

A successful claim will result in a refund paid within around 4-6 weeks of the R&D claim being submitted to HMRC, so this is an effective means of improving cash-flow.

Our services

We can assist your business to file an R&D claim•Manage the claim submission process•Draft applications, project descriptions and financial data summaries to support claims•Follow-up with local authorities to ensure benefits materialise•We can also review previous R&D tax claims where expenses may have been underestimated

Our approach

Finding and securing such incentives often requires knowledgeable advice and technical guidance.  Our R&D tax experts have practical experience in preparing and submitting R&D claims for businesses in all relevant industries, sectors, and strategic markets.

As an international business, our team can track tax incentives offered by jurisdiction and industry for innovation, research and development and capital investment. Tax incentives have become particularly vital amid the uncertainty triggered by Covid-19, governments worldwide recognise this and have expanded tax incentive programs to cushion the economic impact. 

Get in touch

If you need cash to fund innovation in your business, please contact us today.

Get in touch