R&D tax relief is awarded to businesses that invest in innovation...
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Reclaim Tax UK Ltd headquartered in Shrewsbury, Shropshire is the Business Development division of Catax with offices based around the UK in North and South Wales, the North East, Cheshire, Staffordshire, South West, Leicester and London.
You may be surprised what can qualify for Research and Development. R&D tax relief is awarded to businesses that invest in innovation. This innovation can be in the form of developing new systems, processes, products, materials, devices or any changes to the way your business works, however, the majority of the reclaim will be found in the day-to-day problems that occur within the business that you have to solve before the project/job can proceed (what we call the scratch your head moment!)
What is Research & Development tax relief?
Research and Development (R&D) tax relief is awarded to businesses that invest in innovation. This innovation can be in the form of developing new systems, processes, products, materials, devices, or any changes to the way your business works.
The chances are your business is doing R&D without even realising – it’s not just for people in white lab coats!
Our team are experts in R&D legislation. We will determine if your activities are eligible for tax relief and if so, we’ll get you the best possible return.
Do I Qualify?
You would be surprised by what is eligible for R&D tax relief – it’s not just for people in white lab coats. Scientific research is eligible, but so are activities such as:
· Software development
· Reduction in waste
· Automation
· Development of innovative recipes/formulas
· Development of new materials
· Improved processes
· Development of new product
· Essentially anything that helps you gain a competitive advantage in a new and innovative way could be eligible for tax relief
The tax laws around R&D tax relief are complicated, and the criteria for eligibility can be ambiguous. To get the largest tax relief return, you need to have an expert on your side. Our R&D team only do R&D, meaning you’ll be guided by the best in the business.
There’s no risk attached and the initial assessment will only take around thirty minutes of your time. We’ll thoroughly assess you and if we can’t see an opportunity for you to claim R&D tax relief, you walk away without spending a penny.
How can we help you?
Reclaim Tax UK are experts in specialist areas of tax relief. We have been helping clients secure tax relief for over 10 years and have identified over £264m in tax benefit for our clients to date
We work with businesses, Accountants and Solicitors throughout the UK. We have a delivery team of over 100 in-house experts which includes Surveyors, Tax Technicians, Accountants, Report Writers and Case Managers.
We are dedicated to ensuring you have a smooth claims process, minimising the disruption to your day-to-day activity, so you can get on with running your business. All you need to do is provide us with some details regarding your R&D project and we’ll take it from there.
Testimonial
“We were introduced to Catax by Richard Canfer-Taylor who owns Reclaim Tax UK. It was a relaxing change of pace how Catax took all of the hassle and headache out of claiming our tax reclaim on R&D projects. It’s a minefield that you really wouldn’t want to navigate on your own, and we really appreciate the support of Catax to get us through it. Friendly team and good communications throughout” Andy Ellis. QA Ironbridge Ltd
