research & development tax credits.

what is the R&D Tax Incentive?

the Research & Development (R&D) tax credit was designed by HMRC to encourage developments and increase spending on R&D activities for companies operating in the UK.

by processing a successful R&D tax credit claim, you will receive either a cash injection or a reduction in your corporation tax liability. This valuable relief can free up resources that can be invested back into your business to support further growth.

what is the R&D Tax Incentive?

the Research & Development (R&D) tax credit was designed by HMRC to encourage developments and increase spending on R&D activities for companies operating in the UK.

by processing a successful R&D tax credit claim, you will receive either a cash injection or a reduction in your corporation tax liability. This valuable relief can free up resources that can be invested back into your business to support further growth.

maximise your R&D tax incentive return.

we have prepared this test to assess your eligibility & provide you with a claim estimate

in house R&D experts & chartered accountants hold over 20 years of experience in R&D Tax Credits

our high success rate is a testament to our high standards and attention-to-detail.

the R&D Tax Credit is a valuable tool for UK businesses looking to grow.

It provides financial relief which can free up resources so that businesses can invest in new products, services, or processes. This, in turn, can help businesses stay competitive and ahead of their competitors. Moreover, the R&D tax credit can help businesses build their reputation and brand.

A business that highlights their commitment to growth, can differentiate themselves from their competitors and position themselves as leaders in their industry. This can help to attract new customers, partners, and investors who are interested in working with innovative and forward-thinking companies.

the R&D Tax Credit is a valuable tool for UK businesses looking to grow.

It provides financial relief which can free up resources so that businesses can invest in new products, services, or processes. This, in turn, can help businesses stay competitive and ahead of their competitors. Moreover, the R&D tax credit can help businesses build their reputation and brand.

A business that highlights their commitment to growth, can differentiate themselves from their competitors and position themselves as leaders in their industry. This can help to attract new customers, partners, and investors who are interested in working with innovative and forward-thinking companies.

how Business Innovation Group compare against the industry standard.

construction

engineering

software & IT

renewable energy

Key:

  • Accountants & other R&D agents

  • Business Innovation Group

in partnership with

Business Innovation Group is committed to helping businesses achieve success through innovation and growth. We work closely with our clients to identify R&D activities that are eligible for tax credits, we provide them with the support and resources they need to submit a successful claim.

To ensure that we only submit robust applications, Business Innovation Group have partnered with the industry leading, R&D Community. The community helps to review and verify our clients’ R&D activities at a completely unbiased perspective, ensuring the applications meet the strict eligibility criteria set out by HMRC.

By working with this specialist third party, we promise to our client’s complete peace of mind, knowing that their claims are accurate, reliable, and fully compliant within the BEIS guidelines.

“R&D claims are complex and subjective, so we encourage advisors to look for a second opinion when needed. Our goal is always to offer our members thoughtful and accurate advice and training, so that they can provide their clients with an effective R&D claims service with confidence.”

– Richard, Founder of R&D Community.

compliance + credibility =peace of mind.

Compliance is essential when claiming R&D tax credits because it helps to ensure that you are eligible for the tax relief, and that your claim is accurate, complete, and meets the requirements of HMRC.

Procedures

An accurate compliance procedure will help to maximise your R&D tax credit value and increase your return from the incentive.

Credibility

Compliance builds trust and credibility with HMRC, minimises investigation risks, and fosters a positive working relationship.

Strategy

The correct compliance strategy will help to maintain the R&D tax credit incentive, prevent abuse and ensure the relief promotes genuine applications.

At Business Innovation Group, we take compliance very serious. We have a rigorous six-stage internal process to ensure accurate and complete R&D applications which meet HMRCs requirements.

Our experienced specialists work closely with you to identify eligible activities, build a robust application, and submit a comprehensive claim that maximises your tax relief value.

To ensure your claim is at the highest standards, we use an unbiased third-party specialist to to review your claim.

see if your business qualifies

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the process.

R&D tax credits are a government backed incentive designed to encourage innovation and growth in UK businesses. Eligible businesses can receive a cash payment or corporation tax reduction for qualifiable R&D activities/expenditure. Our team at Business Innovation Group can assist businesses with identifying these eligible projects and expenses before filing a claim with HM Revenue & Customs on your behalf.

Our team has extensive experience in helping businesses of all sizes and industries claim R&D tax credits in the UK. We have a proven track record of success and utilise a comprehensive approach to ensure that our clients receive the maximum benefit possible from their claim. We also utilise a third-party compliance check before all submissions are made. Richard and the wider team at R&D community validate the project eligibility and review our internal compliance processes to ensure our clients get a leading service and complete peace of mind.

We take compliance very seriously and have implemented strict protocols to ensure that our R&D tax credit claims comply with all applicable regulations. Our consultants, R&D analysts, operations, and leadership team are trained to follow strict compliance guidelines that hold us responsible for ensuring our clients are provided with a seamless process.

The R&D tax incentive is a specialised area of tax credits that not all accountants are familiar with. Our team at Business Innovation Group specialises in R&D and can work with your accountant to identify qualifying activities and expenses and file a claim on your behalf. In-fact we partner with many accountants across the UK to help their client base look at their own eligibility and make successful R&D Incentive applications.

If you or your accountant has any questions with regards to how we operate, please do not hesitate to get in touch.

Eligible activities include those that seek to develop new services, systems, or processes, overcome uncertainties, solve complex challenges, or adapt processes to improve their service. Our team at Business Innovation Group can work with your business to identify qualifying activities and expenses specific to your operations.

We work across multiple industries from Engineering to Software to Biotech and everything in-between, with industry specialists helping to identify the right projects and the qualifiable expenditure attached to these projects than can be claimed.

Eligible areas of expenditure for the R&D tax credit in the UK include employee wages, subcontractor fees, materials and consumables, and software used for R&D purposes. To get an same-day estimate on how much you could claim back, get in touch today.

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