You could be entitled to 33p on every £1 spent

In 2000 the government introduced a scheme to encourage scientific and technological innovation within the UK. If you’ve invested in Research & Development, you may be eligible to receive up to 33% of what you invested as tax relief. By R&D and innovation, we mean a lot more than lab coats and test tubes.

• According to HMRC, the average R&D tax claim is worth £53,714, but so many businesses lose out on valuable claims because they assume that their project isn’t eligible, or they think their business is in the wrong sector.

Maximising your eligibility

We work with businesses from all sectors. With an eye for detail and a geeky love for tech, we work with even the most technically challenging and complex businesses to uncover projects that qualify for R&D tax relief.

We maximise your chances of a successful claim, by ensuring:

• Your Square Mile RD project manager documents the objectives, approach and progress from inception to completion, ideally using a project wiki
• Your developers understand the basics of the R&D tax credit rules so details are recorded accurately
• The final R&D write up references back to all the underlying work, methodology and issues faced
• Accurate use of accounting software (such as Xero) so you can track R&D expenses throughout the project and identify qualifying spend easily

Our RD Team expers on your side

With our support and outstanding track record, you’ll have the best chance of a successful claim, with minimal risk. It’s all down to a few facts:

• We’re tax professionals, so this is our world. We know what to look for to assess whether your business qualifies for R&D tax credits
• We’re tech geeks, so we talk the same language as your technical team, which shortens the time it takes to get the data and evidence we need to support the claim
• Our team are technically competent and understand R&D legislation in depth and are experienced in dealing with HMRC. All of which is invaluable when it comes to processing your claim
• If your claim is subject to an enquiry, we are well placed to deal with that efficiently. The cost of any investigation would be covered by our fee protection insurance which is covered with every claim submission