We Are R&D Tax Relief Specialists

Gary Green
Gary Green
November 20, 2018

At Key Business Consultants, we have many years of experience in helping companies develop the best approach to making an R&D tax credits claim.

We are R&D tax relief specialists and can help you across all stages of making a claim.

Some of the areas where we have helped clients include:

  • helping to prepare a suitable business plan
  • preparing financial projections
  • dealing with HMRC inquiries
  • obtaining advance assurance from HMRC
  • managing the tax claim process from start to finish

There are two schemes for claiming relief: the Small or Medium-sized Enterprise (SME) Scheme and the Research and Development Expenditure Credit (RDEC) scheme for large companies.

In some cases, SMEs may not be able to access the SME scheme. This could be the case if they are receiving grants. We can help explain the option to use the RDEC scheme.

Planning An R&D Claim

As R&D specialists we can help you increase the size of your tax credit by ensuring that all relevant spend is included with a claim. This can include identifying valid expenditure that has been miscoded, identifying items that have been forgotten and ensuring that the highest possible percentage for R&D costs is applied.

We would recommend that you contact us as early as possible if you are planning to undertake any work that may qualify for R&D tax reliefs. Even if you are not sure if the work will qualify we can help analyse the planned expenditure and where there is qualifying spend maximise the benefits available to you using the R&D scheme.

The Next Steps

But, even if you haven’t made contact at the outset it may not be too late. You have two years to make a claim for qualifying R&D tax relief so if your company has already undertaken a project we may be able to help you make a backdated claim.

R&D tax credits are very generous, especially for SMEs and cash claims can even be made by loss-making businesses. So, you can even sometimes make a claim on projects that ultimately failed.

Speak to us today to see how much your business could claim and how we can help.

Interested in our services?
Fill in your details and a member of our experienced team will be in touch shortly to discuss your needs.
Contact Form Demo (#1)
We adhere to strict GDPR rules and do not reveal or sell your data to any third-parties. For more, please read our Privacy Policy.
Latest Insights
October 23, 2023
PAYE Investigations

Dive into the world of PAYE investigations. Uncover the facts, implications, and insights in this informative blog

September 29, 2023
London-based accountancy business acquired by Key Business Consultants

Exciting Merger Alert: London's Reed Taylor Benedict & Benedict Leff Accountants Acquired by Key Business Consultants.

September 18, 2023
Tax Tribunals – An Overview

Dive into the realm of Tax Tribunals: A comprehensive overview shedding light on this crucial aspect of taxation.

September 2, 2023
What Is A COP8?

Learn about COP8, a tax-related Code of Practice issued by HMRC for suspected tax avoidance cases. Discover when COP8s are used and the penalties associated with them.

August 20, 2023
HMRC Compliance Checks

Navigate the complexities of HMRC compliance checks confidently. Our comprehensive guide covers everything you need to know about handling tax inspections and more.

August 6, 2023
Tax Evasion and Tax Fraud

Untangling the complexities of tax evasion and fraud. Delve into our comprehensive guide to understand the differences, consequences, and preventive measures.

June 18, 2023
Which Jobs In The UK Have The Best Salary Growth Potential?

Explore the top UK jobs with the highest salary growth potential. Uncover promising career paths and industries that offer substantial earning potential.

May 23, 2023
How To File Dormant Accounts Through Companies House

Learn the step-by-step process of filing dormant accounts through Companies House with our comprehensive guide.

May 19, 2023
Customs Declaration Service (CDS) and VAT

Discover how the Customs Declaration Service (CDS) and VAT intertwine in this insightful blog article.

View Our latest insights »
Get the latest UK tax & business news and guidance delivered straight to your inbox
Newsletter Form (#2)
We care about the protection of your data. No spam. Unsubscribe anytime.
Copyright © 2022 Key Business Consultants LLP. Reg: E&W OC389322
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram