R&D Tax Credits Advisers | Hamilton Wood & Co.
We help businesses like yours recover substantial sums from their historic project spend back.
Our R&D Tax Credits Advisers sole purpose is to help your business push the boundaries of what is possible in your industry.
When your business has been investing in developing or enhancing its products and/or services, we help you recover up to a third of your costs back quickly.
Receive a substantial Research & Development (R&D) Tax credit award whilst gaining a healthy competitive advantage with our help.
Heres how and why...
Many businesses do not recognise that many of their day-to-day routine actions may be eligible for a substantial award.
The phrase 'Research and Development' conjures images of lab technicians in white lab coats.
Whilst this is one aspect of R&D, it's not always as obvious!
It's not just an incentive to those wearing 'white lab coats' and is widely misunderstood.
If you are striving to enhance products, services, systems, devices, materials, coatings and a whole list of other areas you may be eligible.
The United Kingdom has a long, proud history of leading the world when it comes to innovation and progress. To see a list of some of the UK's world-changing inventions, click this link.
To incentivize companies who can contribute to changing the world of tomorrow for the better, the Government provides valuable tax relief and it is this specialist area we can help your company with.
Our leading RD Tax Service will quickly establish if you may be able to claim and we will then hold your hand throughout the recovery process.
Our R&D Tax Services will drastically reduce your time-burden throughout the claim and maximize your full award by making sure no stone is left unturned.
How Can Our Services Help Your Business?
A lot of companies who are eligible to claim this valuable form of tax credits haven’t done so.
This form of tax relief is an extremely specialized area of Government legislation and so it takes specialist advisors like ours who can help you identify, and then recover any monetary award due.
We can help you recover an apportionment of the money you have invested in any company projects providing they meet the strict qualifying criteria.
- R&D Tax Credits are worth between 0.25p-0.33p back on each pound invested in trying to secure a competitive advantage.
- An average client award is now worth over £45,000.00.
As a general rule of thumb for if your business is trying to innovate and is using any technologies and/or scientific methodologies and processes to achieve an advance, no matter how slight, working on unknown outcomes then this could be a strong indicator your business is owed a substantial figure.
Really, How So?
The Government use tax relief and tax rebates to help businesses thrive; this drives innovation and new and continued employment opportunities after all. The Government reason that for every one pound issued to a UK Limited company, that they receive £6 back on a multiplier basis, so it’s win/win for them and the client.
The payment you receive is often spent towards new projects, on paying peoples wages, that are subject to tax and NI, and then go on to be spent on goods that carry duty i.e. Alcohol, Petrol, Cigarettes, VAT etc.
This is a case of the Government giving to receive. When your business receives either a cash rebate or reduction in the amount of tax you have to pay this has the effect of providing a cash boost to your business.
When your business has received a rebate or has more money available then it is more likely to start new projects that could lead to more UK innovation. Any innovations reinforce our countries position as a world leader in science and industry.
The incentive is a continuing cycle that feeds valuable funds back into your business. If your business is in profit, then there is a good chance that you may have over-paid tax whilst undertaking any research and development activities.
Therefore you can benefit from around £26,000.00 back for every £100,000.00 of qualifying, expenditure identified. If your business is incurring a loss, then the initiative is even more attractive for you.
For every £100,000.00 worth of qualifying, expenditure identified, this will see your business receiving an immediate cash rebate of £33,350.00 in as little as six to eight weeks.
What Industries Can They Help?
- Aerospace Companies
- App Builders/Developers
- Chemical Companies
- Clothing Manufacturers
- Computer Game Developers
- Construction Companies
- Electrical Engineers
- Electronics Manufacturers
- Film Industry
- Finance Companies
- Food/Drink Manufacturers
- GRP Moulders
- Injection Moulders
- IT Software Companies
- Mechanical Engineering
- Motor Industry
- Motor Sport Companies
- Music Industry
- Pharmaceutical Companies
- Printing Companies
- Prototype Developers
- ReCycling Companies
- Research Laboratories
- Renewable Energy Companies
- Sound Engineers
- Waste Processing
- And More!
Our specialist multi-award-winning R&D tax credit advisors have built up tremendous goodwill with the UK central government and are best placed to help optimise your R&D award.
Our streamlined process is designed to minimize your time in the process. Our senior R&D Tax Credit expert resides on HMRC's consultation committee for R&D Tax Credits and so, your company couldn't be in any safer hands. Our service is fully indemnified too, so you can have peace of mind and get on doing what you do best, which is running your business.
To discuss any element of your business's recent or historic projects within the last three years, please call our friendly team now on 0161 791 1401. We look forward to talking to you. You never know, your business could be owed an average of over £45,000 which can be back in your business in just 6-9 weeks.
So come on Britain, let's do business!