Research & Development Claim Service
Research and development (R&D) tax credits are a valuable government tax relief that rewards British Companies for investing in innovation. However, in order to make a successful R&D claim it requires extremely specialist and highly experienced work. It is for this reason why we can proudly announce our partnership with PfP.
Our partnership with PfP, a specialist provider, will provide our clients the opportunity to utilise a team of 38 specialists who have dealt with over 7,000 successful claims, with a 100% claims success rate and have less than 0.02% HMRC enquiry rate, compared to an industry average of 14%.
Do you think this will benefit you? Below are some FAQs which will give you more of an idea.
Can I make a claim for research and development?
For tax purposes, HMRC R&D requirements are purposefully broad, however, if you are doing something differently or taking a risk to resolve scientific or technological uncertainties then you may be carrying out a qualifying activity. Some typical examples of sectors carrying out qualifying activities are as follows:
- Manufacturing
- Administration & support
- Construction
- Financial & insurance
- Accommodation & food
- Other service activities.
What are the benefits of making a claim?
A successful R&D claim will result in a tax credit which will reduce, or generate a refund, of tax from HMRC. The R&D tax breaks are there to support innovation activities by part funding the costs involved.
What should I do if I think I am eligible to make a claim?
The claim process is completely risk free and if you are not entitled to make a claim there will be no fee charged.
However, if you think you may be entitled to make a claim then please get in touch with Matthew (matthew@appleleafaccountancy.co.uk) and he will be able to provide further information on the claim process.
