If your business is contributing towards innovation in the UK, special tax breaks are available to reduce the amount of Corporation Tax you have to pay, or even result in a cash tax refund. Research and Development and Patent Box relief are often interlinked, and our specialist team will help you navigate the complexities of the relevant tax laws to maximise the amount you can claim.
We have hands-on, practical experience in many sectors including science and technology, food and drink, manufacturing and financial services – very few of our claims involve people in white lab coats. Even projects that do not meet their business goals can be eligible for relief. Whether you need help checking your own work or want us to build a claim from the ground up, we will help you get it done quickly and effectively.
With a background not only in accountancy and tax but also science and computing, and with specialist report writing skills, our people enable SMEs and large businesses to take advantage of the generous incentives encouraged by the Government, while allowing you to get on with what you do best. The rules have changed in recent years and are set to keep evolving, but we will stay on top of the detailed new requirements for you.
Considering the potential for R&D relief early can put you in a stronger position when it comes to submitting claims down the line. We regularly help companies about to embark on R&D projects. By helping you identify the potential upfront, and develop reporting and accounting systems to capture the nature of R&D activities and the associated expenditure, we will enable you to simplify and accelerate the claims process in the future.
We will help advise you on current, future and past claims. There are fixed deadlines for how far back you can look, so the sooner you get in touch, the more tax we can help you save.