R&D Tax Credit Consultancy
What are R&D Tax Credits? The R&D Tax Credits incentive is designed to encourage innovation and increase spending on R&D activities for companies operating in the UK. It's one of the government's top incentives for encouraging investment in research and development and allows up to 33.35% of a company's R&D spend to be recovered as a cash repayment. How to claim R&D Tax Credits? R&D tax credit claims are monitored and processed by HMRC. The R&D tax relief will need to be claimed by completing a few boxes on the Company Tax Return (CT600). If the Company Tax Return has already been submitted it is possible to file an Amended Company Tax Return. You can make a R&D tax relief claim going back 2 accounting periods. Although it is not a legal obligation we recommend that a R&D tax claim report is produced that justifies the technical advancement and uncertainties as well as details the eligible expenditure that is being claimed on a project by project basis. Why choose Myriad Associates as your specialist R&D tax credits advisor? By profiting from our specialist knowledge and experience, you can be sure of maximising your R&D tax relief claim. As a rule, Myriad Associates submit R&D tax relief claims that are up to three times higher than in-house prepared claims or those filed by generalist accountants. - We handle your R&D claim from start to finish, taking up just two to three hours of your time. - We can maximise your R&D claim because our expert consultants can identify your qualifying projects and all your eligible expenses. - We write technical reports describing your projects to support your claims. - We make sure HMRC handles your claim promptly, because of our right-first-time approach and because of our outstanding relationship with R&D tax inspectors. - 100% success. We have successfully claimed R&D tax relief for all our clients, for over ten years, and without exception. - An unbeatable offer. Confident of delivering a winning service, we offer our services on a success-only basis. .