The benefits of utilising R&D tax credits

  • Reduce Corporation Tax liabilities
  • Promote long-term business growth
  • Cash back for your business
  • Encourage constant innovation

Establish your company’s R&D eligibility

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Accountant4
Accountant4

Why should I claim R&D tax credits?

Reduced tax bills or money back

  • They encourage innovation helping you stay ahead of the competition
  • You could receive cash refunds which could help minimise costs or fund future R&D projects
  • Tax credits will reduce your Corporation Tax liabilities, freeing up spending in more critical areas of your business
  • They will help manage your cash flow when solely relying on the success of a R&D project
  • You can claim every financial year, promoting long-term business growth
  • The qualifying criteria is so broad you could be undertaking qualifying R&D activity without even realising
  • Expensive pipeline projects become a lot easier to start and finish than previously thought 
Accountant9
Accountant9

How do I claim R&D tax credits?

Let Caldwell Penn do the hard work for you

  • We have a team of in-house experts with detailed knowledge of the latest tax legislation to ensure your R&D claim is maximised. Cash back for your business is our priority.
  • No face-to-face meetings are required. We will let you know what information we need, and we will take care of the rest, making the process as efficient as possible.
  • We make sure claim deadlines are met and help you claim up to two previous years so that your claim is maximised.
  • We have experience working with a wide range of businesses, individuals and R&D projects, so you are in good hands!
  • You only pay fees for our support based on the value of the claim accepted by HMRC. 


Accountant8
Accountant8

What are the benefits?

Improve short term cash flow and long term innovation

  • Cash refund
  • Reduced corporation tax liability
  • The confidence that you can make future claims with ease

Frequently asked questions

What are Research & Development tax credits?
Who qualifies?
What is a qualifying R&D activity?
What costs qualify?
Which tax credit scheme is right for me?
What is classed as an SME?
What is classed as a large company?
How much could I claim?
Will the Coronavirus Business Interruption Loan Scheme (CBILS) and/or the Bounce Back Loan Scheme (BBLS) impact an R&D claim?

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