R & D Relief

 

Over the last 11 years, we have handled numerous claims for R & D tax relief on behalf of clients, as well as successfully dealing with a number of enquiries from the specialist R & D units at HMRC.Men in workshop

 

Research & Development (R & D) tax relief is one of the UK's most generous tax reliefs.

 

Small and medium sized companies can obtain tax relief of 200% (225% from April 2012) of expenditure on R & D or, alternatively, - where the company is not in profit - a cash repayment of 14% can be obtained from HMRC.

 

Large companies can obtain relief of 130% on R & D expenditure.

 

Our role at Sayers Butterworth is first to identify qualifying R & D expenditure for a client and then we prepare and submit the necessary claims to HMRC. We then liaise with them to resolve any queries.

 

We can work alongside your existing accountant where necessary.

 

Any type of business can claim R & D tax relief, even if the project didn't work. Examples of businesses that we have made successful claims for since 2000 are:


  • Technology
  • Online/Software
  • Electronics
  • Engineering
  • Pharmaceuticals
  • Transport
  • Manufacturing

Under the present rules, a company's tax returns for the last two years can be revised so you should contact us if you have unclaimed R & D relief in respect of previous years.


We offer a free review of your company's expenditure, in order to determine whether or not you qualify for R & D tax relief. Please contact Martin Dunne for further information.



 

 


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