There are tens of thousands of pounds being lost in tax relief by eligible companies every year. This reflects the common misconception that Research and Development (R&D) is confined to manufacturing, tech giants or research laboratories. In reality, businesses are often undertaking R&D in their day-to-day activity, driving innovation and moving the industry forward without realising.
R&D tax relief is the government’s way of rewarding businesses that invest in innovation. This innovation can be in the form of developing new, or improving existing products, processes, services, devices and materials or advancing the state of knowledge in their sector.
The average client benefit is £43,000, our in-house team of experts are here to support you and your clients. The team will investigate your client’s business activities, then produce and submit a fully compliant report to HMRC. Refunds are typically paid to your client within 30 days of submission.
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