R&D tax credits and tax reliefs were devised to help British businesses grow faster. Research & development may sound like a dark art, but it isn’t just for scientists!  

These research and development tax credits are designed to reward British companies, of all shapes and sizes, for their decision to invest time and money in research and innovation.

Thinking that it’s all about laboratories and rocket science is probably why two-thirds of eligible businesses have not yet submitted and R&D claim and therefore miss out!

The definition of these terms is far wider in scope than many companies believe.  R&D can occur in many fields – engineering, manufacturing, farming, recreation, education, construction and even administration.  

R&D tax relief is available to UK companies of all sizes and can apply to product development, process development and improvement, software development, quality-driven innovation and much more.

Furthermore, other activities relating to these disciplines can be included within your R&D claim, with project management being just one example.

If that is you, you can get in touch here.

What counts as research and innovation?

The definition of these terms is far wider in scope than many companies believe.  R&D can occur in many fields – engineering, manufacturing, farming, recreation, education, construction and even administration. R&D tax relief is available to UK companies of all sizes and can apply to product development, process development and improvement, software development, quality-driven innovation and much more. Furthermore, other activities relating to these disciplines can be included within your R&D claim, with project management being just one example.

How will my business benefit from R&D tax credits?

UK companies which are eligible for R&D tax relief, having spent time and money on research and innovation, can make a R&D tax credit claim that typically results in a reward of either:

• a cash payment
• a reduction in their Corporation Tax bill

If you believe you have missed out on this, there is some good news, as backdated R&D tax relief claims can be made for the last two completed accounting periods.

Claiming back what is legally yours could have a positive effect on your business, providing you with extra cash within the business.

If you need to start a R&D claim, please get in touch today.

Fair and Transparent Charges

We will only charge a fee if we are successful with your R&D claim, so please get in touch today.

We will charge you only a fraction of the fees of other research & development tax credit consultancies, at a rate that is fair, transparent and on a decreasing scale, in recognition of the fact that the first claim and learning all about your business, takes more time than subsequent claims.

You end up with more money in the bank – often from a tax claim you didn’t know you could make.

End-to-End R&D Tax Relief Service

This service is the one for any business which needs handholding throughout the claims process, or which is time-poor and does not have the hours required to complete the paperwork themselves.  

Growthviser works with the client on a full consultancy basis, answering all questions, completing all documentation and submitting the claim.  

This service is often the right choice for those:

• making their first claim 

• needing to submit backdated claims for the last two accounting periods 

• who are time-poor or employee-lean companies  

• needing Growthviser’s experts to calculate and handle the whole claim

This is a face-to-face service, where you will meet with our specialists and then have to devote little time to the claim's processing and management. You can get on with the day job, leaving Growthviser to do the rest.

Get in touch today for a free consultation