Research & Development (R&D)
Since the introduction of the R&D tax scheme in 2000, the great majority of British companies that could be eligible for the scheme are not claiming. It is widely accepted that more than £10 billion has been left unclaimed since the introduction of the scheme in the UK. This money could have been reinvested into further improvement and development of products and manufacturing processes.
We work in partnership with technology specialists, who have a deep knowledge and understanding of HMRC’s R&D policy and regulations. Their scientific background allows them to speak the language of our clients to identify eligible activity and processes often hidden in the daily routines of their production and process work.
Our technology specialists work in many industry sectors and with companies of all sizes, from small SME’s to larger companies in the £100 – £300million bracket, some of which are part of larger £1billion groups.
Reasons why we use technology specialists
- They have over 2100 successful claims under their belt and are thoroughly experienced in technical R&D tax relief submissions.
- Their enquiry rate is less than 0.5%, which is much lower than the national average. They employ technical staff of the highest possible academic standard, from BSc(Hons) and MSc to PhD level. They combine relevant industry experience across a range of sectors with expert knowledge of the R&D guidance and legislation.
- They cover all sectors, from bakeries to companies investigating quantum dynamics.
- They are in daily contact with HMRC and value our strong working relationships with its specialist R&D Units.