Consult with an Expert for FREE
Speak to an R&D Tax Expert & get all your questions answered today!
Free 30 min. Consultation
[mautic type=”form” id=”6″]
Uncover all qualifying R&D expenditure so you can claim back every single penny you are entitled to!
Our Expert Consultants
R&D Tax Solutions Ltd is headed by Evgeni Vachkov and Laura Duggan along with a team of qualified and experienced R&D tax consultants with specialist industry knowledge.
Client Testimonial
We continuously undertake development projects and seek approval from R&D Tax Solutions that the activities qualify for R&D tax relief. The team are knowledgeable and provide a first class service.
Charlie Willetts, Everything EPOS Ltd.
High Success Rate
Trusted specialists who know how to maximise your claim’s accuracy and value every time.
Your Time = Money
With our innovative process and client focused team it only takes is 2 hours of your time.
Contingent Fee
Pay us only after your claim is approved and you receive your tax benefit from HMRC.
HMRC Enquiry Defence
We commit to defend our R&D tax relief claims free of charge should HMRC enquire.
Our Approach
1. Feasibility Discussion
One of our tax consultants will discuss your company’s activities to confirm if there is the potential to make a successful claim, and how to formulate it. Following the identification of the qualifying activities, we will then determine the best method of collating the allowable expenditure.
2. Projects & Costs Qualification
A report will be formulated based on the information gathered. This report aims to answer any foreseeable queries from HMRC and accompanies the formal claim made in the company’s tax return to assist HMC in their new process.
3. You get a Refund
We will handle the claim on your behalf with one of HMRC’s designated R&D units. HMRC undertake to look at a submitted claim within one month of the receipt and raise with us if any queries arise within this timeframe. In a majority of the cases no queries are raised and R&D tax refund is received within 4-6 weeks of submission.
How much could I save?
| £ | Example Calculation * |
|---|---|
| 500,000 | Profit before R&D |
| (130,000) | R&D Enhanced Deduction (100,000 x 230% = 230,000. Note: 100,000 of costs are already included in the profit figure so only deduct 130,000) |
| 370,000 | Revised Profit |
| 70,300 | Corporation Tax at 19% (370,000 x 19% = 70,300) |
| 24,700 | Corporation Tax Saved (95,000 – 70,300 = 24,700). i.e. approx. 25% saving |