Assessing Eligibility and Qualifying Costs
The rules surrounding what constitutes ‘R&D’ for tax purposes are specific. We conduct a thorough assessment of your activities to ensure they meet HMRC’s definition of seeking an advance in science or technology. We then meticulously identify all qualifying expenditures, including staff costs, subcontractors, consumables, and software licenses, ensuring that no eligible cost is overlooked in your claim.
Drafting the Technical Narrative
A successful claim relies on a high-quality technical report that explains the innovation to HMRC inspectors. Our specialists work with your technical team to translate complex project details into a clear, compliant narrative. We articulate the technological uncertainties you faced and how you overcame them, providing the evidence required to substantiate your claim and minimise the risk of enquiry.
Accurate Financial Calculation
Calculating the tax benefit requires a deep understanding of the enhancement rates and how they interact with your profit or loss position. We perform precise calculations to maximise the value of your claim, whether you are a profitable SME or a loss-making start-up. We ensure that the claim is processed correctly through your Corporation Tax return, speeding up the time it takes for you to receive the benefit.
End-to-End Claim Management
We manage the entire R&D process from initial scoping to final submission and post-submission support. HMRC’s scrutiny of R&D claims has increased, making professional representation more important than ever. We stay abreast of the latest legislative changes to ensure your claims remain robust. Our comprehensive service removes the administrative burden from your team, allowing you to reinvest the reclaimed funds back into further innovation.
