From HMRC’s perspective, work qualifies for R&D tax relief if it seeks to make an advance in technology by resolving technological uncertainty.
Integrity-Driven: Trust and transparency at the core of our client partnerships. Tailored Expertise: Bespoke, industry-specific advice, tailored to your business needs. Competitive, fixed fees: Our fees can be up to 4x lower than others, ensuring more of your R&D credit stays with you. Seamless Collaboration: Cloud-based software for real-time access and easy collaboration. Comprehensive HMRC Audit Support: Full assistance in case of inquiries or audits.
We are members of The R&D Community and committed to raising the standards in R&D tax relief.
Fixed Fee Pricing vs.
Percentage-Based Fees
Why Choose Fixed Fees Over Percentage-Based Fees?
Our fixed fee pricing model is significantly lower than the fees charged by others.
For claims up to £60,000 our fixed fee is £2,500 plus VAT.
For claims of £60,001 up to £100,000 our fixed fee is £4,200 plus VAT.
For claims of £100,001 and above please ask for a quote.
Join our growing list of successful clients
I was working with an R&D firm that charged a percentage fee, but I felt their approach wasn’t strategic to my business & industry. When I came across this new team, I was immediately impressed by the personal service they offered. They took the time to genuinely understand my business, tailoring their approach to meet my specific needs, and the results have been far more effective.
Sam Bromley, Director
Element Design & Consulting
Our Claims Process
Initial Consultation and Eligibility
During our initial interaction, we will assess your company’s potential eligibility for R&D tax relief. This brief call allows us to gather essential background information about your business and explain our R&D process. If we determine that your company is unlikely to qualify, we will be upfront and not proceed further, saving you time and effort. Importantly, the team you speak to during this stage is the same team that will handle your claim, ensuring continuity and a deep understanding of your business from the outset.
Financial and Technical Exploration
Once eligibility is confirmed, we will assign a dedicated R&D specialist who will arrange a meeting—either virtually or in person—to gain a deeper understanding of your business. We will:
• Clarify the criteria for R&D tax relief.
• Outline the process and expected timeline.
• Discuss potentially eligible projects.
• Consider the financial control environment and how your entity captures R&D costs.
• Explore the governance and management control environment for R&D projects within
your organisation.
• Estimate the potential benefits of the claim.
• Address any questions you may have about the process.
Report Preparation
We will draft a detailed report reflecting our understanding of your R&D activities. You will have the opportunity to review this draft, provide feedback, and ask further questions before finalising the report.
Report Finalisation
After incorporating your feedback, we will finalise the R&D report to ensure it accurately represents your company’s R&D efforts. At this stage, we’ll also discuss the financial aspects, including the best way to account for the R&D expenditure, to optimise the benefits for your company.
Submission, Monitoring, and Receipt of Benefits
Once the final R&D report is completed, we will submit it to HMRC. As of 2024, HMRC generally takes around 8 weeks to process claims. During this time, we will closely monitor the progress of your claim and promptly address any queries from HMRC to ensure a smooth and efficient process.
HMRC conducts random checks on around 20% of claims. Should your claim be selected for review, you can be confident that we will offer comprehensive support to address any queries.
After HMRC processes the claim, your company will receive the benefit, whether in the form of a tax refund, a cheque for surrendered R&D expenditure, or other applicable relief. Upon receipt of the payment, we will carefully review and confirm that the amount matches our expectations, and the claim submitted. We will ensure that your company receives the full financial benefit from the R&D tax relief.