R&D Tax Credits

Unlock your cashflow with R&D Tax Credit Specialists.

100% Success Rate for our R&D Clients

The Square Mile RD team have an outstanding track record, with 100% success rate of claims submitted. Although this isn’t a guarantee that all future claims will be successful.

£10m+ Tax Credits claimed

Our clients recover more by working with our R&D tax specialists compared to their initial estimate.

Claims for R&D are our specialty

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.

Be rewarded for your innovation and boost your business.

An R&D tax credit could be an untapped source of funding which can be reinvested in your business. The Square Mile approach will give you the best chance of a successful R&D tax credit claim.

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

We’ve helped some of the most 
progressive and innovative companies claim their R&D Tax Credits.

Amplifying their financial wins

“We joined Square Mile Accounting and immediately felt welcomed. The team is professional, approachable and give us the best customer service I ever received. Both when helping with payroll, bookkeeping, EMI evaluation and R&D claim, the team is adding significant value to us as a strong business partner.”

Erik Abrahamsson, Digital Fineprint Co-Founder

Meet your RD experts

We help you determine which parts of your project work you can claim. The service fee is contingent, which means if your claim is not successful, there is no fee.

David Gormer

Owner & Chartered Accountant

Tania Bennett

Operations Director

Rob Beale

Senior Finance Business Partner

Claudia Sheena

Head of Tax

Caroline Weavers

Practice Manager

Anna Skrzypczak

Finance Business Partner

Could you be owed R&D cash?

We help you determine which parts of your project work you can claim. The service fee is contingent, which means if your claim is not successful, there is no fee.

Contact

Square Mile in London
Halkin, 1-2 Paris Garden
London, SE1 8ND
Tel: 0203 282 7109

Square Mile in St Albans
Arquen House, 4-6 Spicer Street
St. Albans, AL3 4PQ
Tel: Tel: + (44) 01727 236 511