Our Specialists Help Businesses in Cambridge Safely Enhance Their R&D Tax Credit Claims
We have a proven track-record of delivering robust R&D tax credit claims. We're trusted by HMRC and some of the leading Accountants in the United Kingdom for the expertise we deliver.
ABOUT R&D TAX CREDITS
What Are R&D Tax Credits and How Can They Help Your Company?
The R&D incentive for businesses was first introduced in 2000.
They are part of a rewarding scheme ran by HMRC to incentivise and encourage businesses in every sector to invest in building new or improved products and services
Businesses that have spent company money making appreciable improvements to products and services over the last two open tax periods can recover as much as 33% of their qualifying expenditure back.
Large sums of peoples wages, utility bills, NI contributions, subcontractor costs, software costs and more can all be recovered and so you can see the figures quickly add up in your company's favour.
Some businesses whose day-to-day operations may signify a claim sadly aren't claiming due to a lack of understanding surrounding the incentive. This is down to a general misunderstanding of what qualifies as R&D.
All UK limited companies may be able to claim regardless of industry.
The Benefits for your Business in Cambridge
The R&D tax credit incentive helps the Government encourage businesses to innovate. When a business develops something new, it has the effect of moving the industry forward. R&D relief make economic sense for the Government. They reason for every £1 they give back to a business, they recover up to £7 back on a multiplier basis. The sums given back to a business are paid as wages subject to tax, and then spent on goods and services that are also taxed. This is a case of the Government giving to receive.
Some of the key benefits are:
Improve cash flow
Receive a substantial payable credit for your Company or reduce your CT liabilities considerably.
Make sure you maximise all monies your Company can recover to strengthen your position.
Reinvest money in your Company and continue to innovate. Claim back money from your activities.
Has Your Company Developed, or Tried To Improve Its’:
our success is yours
What our clients are saying
We found the process fast and we were really impressed with the end results. Will recommend.
We have an established relationship with Hamilton Wood & Co. We don't specialise in R&D so partnering with them made perfect sense for us and our clients.
We work in a fast paced environment where everybody is 'hands on deck.' I was pleased with the support from Chris and the time I saved. I was impressed with sum we secured, thanks!
Ready to apply or find out more?
Complete the form and one of our friendly team is ready to help you.
research and development
Years of experience
Claimed in the UK (2017/18)
Expertise You'll Love
We appreciate you have a business to run, so we limit your time involved so you can get on with doing what you do best, managing your business. Through an initial 10 min chat we will quickly identify if you have the basis for a claim.
Simple claims process
We take the headache and work out of claiming R&D tax credits. Don't be one of the worrying number of businesses who misses out on money they could claim because they lack the expertise to do so quickly and safely.
We provide a fully-indemnified R&D claims process. We manage the claims process throughout and deliver robust R&D tax credit claims for our customers. Should there be an HMRC inquiry, have peace-of-mind in that you are fully supported throughout until the matter is concluded. We have 100% success to date on the claims we have taken on.
Why work with us
We're trusted by some of the UK's most recognised businesses and large accountancy firm for the specialist advice and support we deliver. We provide great value customer services and leading expertise. Our carefully crafted services are designed to help strengthen your Business's Bottom Line and improve cash flow. We also act as a sign-posting service to the UK's Local Enterprise Partnerships and grant funding bodies.
What Are You Waiting For?
If you fail to claim in a given time, you will lose your money forever and you won't get it back.
Ongoing support with complex R&D tax claims.
"Our industry had a 'spot check' by HMRC. Naturally, I was very worried. I can't thank the team at Hamilton Wood & Co. enough. They dealt with HMRC directly and I must say I was impressed with the speed and efficiency that the matter was dealt with. Our claim was approved and we were delighted with the support from Chris at Hamilton Wood throughout. I couldn't have done it on my own."
Fast and efficient R&D claims process.
"As a business owner, I very rarely get a spare moment. I was encouraged to talk to Simon at Hamilton Wood and Co. to see if the improvements to our back-office functions and processes might qualify. After a quick conversation by phone I was assured that whilst not all my activities did qualify, that some of them did and we could move forward on them. I was involved for less than 2hrs over a 12 week period and got a playout in no time at all."