Research & Development

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.

Our partner, Catax, are market leaders and specialists in R&D tax credits, having delivered over £150m of tax relief for clients to date. Catax has 100 employees dedicated to maximising returns for clients and will work with you to ensure your clients are receiving their entitlement.

With their largest initial refund in excess of £750,000 and an average of £43,000 client benefit, their in-house team of experts are here to support you and your clients. The Catax 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.

Additionally, Croner Taxwise clients will receive a 15% commission on each successful case, adding value to your practice and strengthening your client relationships.

Our R&D service is available to all our scheme partners.

If you would like to find out more about our R&D service but are not a Croner Taxwise Partner you can contact us on 0844 892 2776.

Other Consultancy Services

Making Tax Digital Update
Tax & VAT Briefing April 2018
Tax & VAT Briefing March 2018