R&D Tax Claims
What is R&D for tax credit purposes?
Get cash for R&D work already done.
R&D Tax Credits or R&D Tax Relief enable companies to either reclaim tax paid, reduce tax paid, or in the case of loss-making companies to surrender losses for tax credits. One of our clients described it as “the only good thing the government has ever done for my business!”. On a simple level they bring a cash injection for R&D work already done. Not claiming them means hidden value in your business might not be recognised.
Who claims R&D Tax Credits?
Anywhere there is innovation it is worth checking if you could make an R&D claim. Our consultants are standing by to lead you through the process of identifying where R&D Tax credits are available.
The key steps in the R&D claim process & how long it takes.
A quick guide to what is required for a project to be included in an R&D claim and what costs can be included.
How much might your R&D claim be worth? Use our claim estimator to find out.
Prefer to chat to us on the phone?
Give us a call or use the contact form to request a call back, for a free assessment from an experienced consultant.Call us today on 01483 808 301
Don’t miss out & start your claim today.
We make the claim process simple, cost-effective, and provide a full service, claiming R&D tax credits on your behalf.
Working with RandDTax has helped us in getting our funding correct for tax purposes. They came recommended by our accountants. Linda was the first point of contact and we liked her personality and the way she came across, which was very professional. They’re very professional and for me they are very easy to deal with.
Director - Advanced Tooling Systems UK Limited
What we were doing with RandDTax is pretty complicated and they were very good at walking us through what needed to be done and making it all clear. It helped us to release some capital that we wouldn't otherwise have been able to access. Linda and Paula 100% did what I had hoped for.
Director - Buzzing Lab Solutions Ltd
We thought that we had our R&D Tax Credits well under control. However, RandDTax were able to show us exactly how to get everything we were entitled to, and when we were entitled to it. As a company investing heavily in developing every ambitious, intelligent customer service IT portals it was very rewarding to find that the UK government would give us tax credits in cash equal to roughly 30% of our R&D spend. This has been a great help and I would be very happy to recommend the RandDTax team to any company investing in innovation. Our normal tax advisers do a great job for us for most areas of tax, but when it comes making the best of R&D Tax Credits it pays to engage dedicated specialists.
We feel that the process works well and we truly appreciate your continued guidance and support for our claims.
Chief Executive Officer
IMSCAD Global Ltd provides complex solutions for graphical applications be it on premise, hybrid and/or cloud based. The support given by Linda and Paula at RandDTax from the initial consultation through to the successful conclusion of what was a significant six-figure additional deduction to offset our corporation tax (with the options of taking a five-figure payment directly from HMRC) was invaluable and we highly recommend this company.
My experience of dealing with the government was just too much pain for small companies. Thank you Linda for all your hard work with our claim and successfully obtaining Tax Credits for us.
For the last four years Fretwell-Downing Hospitality has used the services of Terry Toms in support of the company’s application for Rand D Tax credits. During that period Terry has assisted us in gaining in excess of £200k in R&D tax credits.
Thank you all again for your help. It makes a big difference to the success of our small company!
As precision engineering manufacturers, we continually strive to improve the quality, performance and cost/value of the finished products we deliver however, until we met Tim Walsh from RandDTax we were not entirely convinced that we qualified for R&D tax relief. Through the confidence that RandDTax inspired in us and their determination and defence to counter all HMRC’s questions, we achieved the full refund we were expecting.
MD - Precision Products (Brighton) Ltd
Fletcher Moorland is a one stop source for industrial equipment repair and servicing. We offer Electro-Mechanical Repair, Servo & Spindle Repair, Automation Repair and Specialist Manufacturing. Much of our work involves reverse engineering and we have built a team of skilled engineering staff who conduct a wide variety of Research and Development into engineering advanced solutions for our customers. We originally started claiming R&D Tax Relief though our Accountants and were referred by them to Jaime Lumsden of RandDTax once it became clear that our claim could be much more comprehensive and required specialist support. RandDTax works with us and our Accountants to maximise what can be correctly claimed. It is an efficient and quite rapid process which to date has generated successful results, year on year, within 28 days from submission. Over the past five years, we have successfully claimed R&D Tax Credits providing Technical Justifications and Costs Analysis to the satisfaction of HMRC. To date, our claim values have totalled some £600K and the resultant reduction in Corporation Tax, credits in Cash refunds and the ability to carry forward losses for future use, all have been very valuable to our business.
Operations Director - Fletcher Moorland Ltd
I’ve never in over 10 years in business had anything given to me before, or known any support for a small business like this that can benefit my business to this level overnight. I had no idea we could qualify for something like this. After a brief chat, Steve Richardson at RandDTax made things clear and he has been great to deal with. Steve explained everything we needed to know clearly from the start, done all the work and hardly any of our time has been taken up…No hassle at all.
Director - Just Internet Solutions Ltd
Steve Richardson at RandDTax was efficient, reliable, and patient. We were helped to recover funds that we urgently needed urgently and the process was stress free thanks to all Steve's help.
Managing Director - Weblinx Limited
I am writing to thank you for all your hard work and support in the successful claim against R&D expenditure. This is of significant financial consequence to CBH and will ensure our cash flow for some considerable time.
We’d heard of R&D Tax Credits but hadn’t done anything about it as we thought the application process would be lengthy and time consuming, and our time would be better spent doing something else. My experience generally with government handouts was that they were only worth applying for by big companies, dealing with government was just too much pain for small companies. A chance conversation with Terry put us straight, we are now saving half our tax bill every year for minimal cost and effort.
For a small company, deciding whether to put in an R&D tax credit application can be daunting – we don’t have time to waste! Fortunately we bumped into Terry at one of his presentations, delivered – note – alongside specialist assessors from HMRC. A week later our application was done, with about a day of work on our side. Terry removed pretty much all of our worries: complexity, horror stories about over-charging tax credit consultants, and so on. Our application was successful. We will be back!
CEO - Duco Technology formerly Model Two Zero
We are an innovative web development company, now in our third year of claiming R&D tax relief. We had no idea that we could get our corporation tax payments reduced until we spoke to Terry and Linda from RandDTax. We are really delighted with their service, we have claimed above £7,000 per year and it has made a big different to our company. They make the claims process as simple as possible and are easy people to work with. If you think you may be doing R&D I recommend you contact them.
Managing Director - Web Boutiques Limited
RandDTax are very professional and it was quite an easy process with them. We hadn't used anyone for R&D tax before. Linda Eziquiel came to us and we’ve been really pleased. They do exactly what they said they would do from day one.
Director - Bailey Fabrications Ltd
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At our core we believe in supporting UK economic growth. R&D is about economic growth.