Frequently Asked Questions
Irrespective of whether your company is currently making a profit or operating at a loss, a claim could still be possible.
If you are still unsure whether you would be eligible for a claim or would like to discuss in more detail how this relates to your business, please arrange a consultation with one of our experienced advisers via the form on our home page.
Our average claim size is in excess of £42,000, so we are not talking small change. In some cases, the relief can extend to around a 30% return on the investment undertaken by a business in Research & Development.
The tax relief will typically take the form of a cash rebate from overpaid tax in year 1 and then reductions to your tax liability moving forward.
Also, we do not charge for submission fees so there will be no surprises when it comes to your claim being filed with HM Revenue and Customs. We also offer all clients 6-year report protection as part of our service.
There are regional departments that will analyse and check each R&D report and the costs identified.
HM Revenue & Customs are therefore very skilled at processing these claims. Our specialist advisers liaise with them on a daily basis, on your behalf, and in the unlikely event of any issues being raised it is part of our commitment to you to resolve these.