At any stage of your business, a cash injection can make a significant difference, especially when it comes in the form of a tax rebate. R&D tax credits are an excellent way for your business to receive cash directly from HMRC, giving you complete freedom to spend or invest as you see fit. These credits are a type of tax relief that allows companies investing in qualifying research and development activities. Sounds straightforward?

As with many tax-related matters, it’s a bit more complex, especially when it comes to correctly completing the necessary forms. But there’s no need to worry—at Accounting People, we specialize in navigating the intricacies of HMRC R&D tax credits, ensuring you get back the cash your business is entitled to.

HMRC’s definition of research and development is quite broad, meaning that many business owners are unaware that their activities may qualify for a claim. In fact, HMRC estimates that more than 80% of eligible businesses are missing out on valuable R&D tax relief. By not claiming these credits, businesses could be leaving thousands of pounds on the table.

If you’re curious about whether you qualify for R&D tax credits, give our expert team a call. We’ll assess your investments to determine if they meet the criteria for HMRC R&D tax credits. If they do, we’ll analyze your data and draft the detailed technical report required to maximize your claim. Our goal is to help you receive the maximum possible amount of credit.

Don’t let potential savings slip through your fingers—contact us today to discover if HMRC owes you thousands of pounds in R&D tax credits.