Second Opinion
Many companies have already claimed R&D tax relief to some extent and some of these companies may even have had an enquiry from specialist tax inspectors as a result of the claim. However, there is often more that can be claimed, and the Tax Advisory Partnership Innovation Tax Reliefs team can provide a second opinion.
We have reviewed lots of claims and have submitted replacement claims to the HM Revenue and Customs (HMRC) where we believe the previous claims to be understated. Our specialists understand R&D and the guidance to which the HMRC works and know where and how claims can be improved whilst keeping within the rules. Our service covers meetings with HMRC inspectors and supporting the claims in the event of an enquiry or other meeting. To date, all our claims have been accepted by the HMRC as regards technological or scientific qualification.
We can structure our fees on a success basis so that we only charge in the event you receive a tax repayment from our work. We will also let you know if we cannot improve your claim – this provides a valuable assurance exercise to companies, even where we are not instructed to make a claim.
We can help in the following ways:
Projects
We understand why some projects qualify and others don’t. We have identified projects not previously considered to qualify and where necessary demonstrated why they qualify to HMRC inspectors.
Costs
We understand which costs qualify and which don’t. We have claimed costs that were previously disregarded or increased those that were only partially claimed.
SME claims
Some SME companies must claim at the lower Research and Development Expenditure Credit (RDEC). The rules behind this are widely misunderstood and misinterpreted by some accountants. We understand these differences and will make the right claim at the right time.
Specialists
Our R&D team comprises engineers in most technological and scientific sectors and not just accountants who seek to ‘audit’ or otherwise reduce figures provided by our clients.
Please call 02080371030 or complete the enquiry form on this page to pick up with our R&D team.
