R&D Tax Relief for innovative companies
Innovation Tax help innovative companies of all sizes and across all sectors receive the full R&D Tax Relief they are entitled to
Research and Development Tax Relief is a great way of incentivising companies who are making investments on new or improved product development, process improvement, system/software development and a range of other activities. However, since many businesses are not accessing the full potential of all available Government funding to develop and grow their businesses, an R&D Tax Relief / Innovation Tax incentive expert can advise you on what funding is available and how this can be obtained.
R&D Tax Relief allows companies to recover up to 33% of the costs invested in Research and Development activities and, with the average claim for an SME being around £54,000 per year, it could provide a much needed and timely boost to your business as we approach the end of the year.
Engaging an professional R&D Tax Relief specialist can maximise your claim benefit and produce a robust and risk-free claim for your business; avoiding the common errors that can lead to a HMRC enquiry.
R&D Tax Relief fuels innovation and powers business growth
R&D Tax Credits are aimed at stimulating activities around innovation and development and, as the UK Government wants to encourage businesses to invest in new technologies and scientific developments, they are offering generous reliefs and credits for such activities in return. With Research and Development Tax Relief, businesses can either substantially reduce their Corporation Tax liability or receive a cash lump sum back from HMRC (or both), even if they have no such liability in the first place. Furthermore, new claimants can reach back to two financial years immediately.
Why engage a R&D Tax Relief specialist to manage your claim?
Innovation Tax has helped businesses claim back millions of £’s via the R&D Tax Credits scheme through its experienced team of tax and technical specialists, maintaining a 100% success rate across many industries and sectors nationwide.
HOW CAN WE HELP?
It can be challenging to submit an R&D Tax Credit claim to HMRC’s exacting standards.
At Innovation Tax, our team of experienced sector specialists, technical and quality assurance experts and tax professionals will help you identify the full extent of your qualifying activities and expenditure and work with you to ensure the correct information is included in the claim documentation, giving you peace of mind that your claim is robust, maximised and defendable.