R&D Tax Credits Thamesdown
Regain up to a 1/3rd of your legacy business/industry evolution expenses back through R&D Tax Relief.
Research & Development Tax Relief Incentive - Great Britain's main business development incentive.
As soon as your enterprise has been working to further or enhance its field, it will be considerably awarded further to its labors to do things in a fresh and advanced way.
The united kingdom comes with a very established track record of contributing to the growth and betterment of the human race; and the British government under successive leaders have continued to enhance the returns available to those organisations who are working to acquire some form of advancement.
It’s a scary reality that when your enterprise has been investing company money into new goods, methods, systems, services, devices etc. ever since the year 2000 and you have never claimed Research and Development Tax Relief via HMRC, then it's completely likely you have lost perhaps tens, if not hundreds of thousands of pounds in lost tax help.
It is necessary that if you've been committing funds to further your organisation over the past 3 years that you participate with our experts to help safely enhance your claim below the Research & Development tax relief inititative. Our forensic method of finding any reward for your enterprise ensures that no rock stays unturned.
How will I know if my company is eligible to mount a claim and how do R and D Tax Relief improve my company?
To begin with, the incentive is accessible to ALL British small businesses who are taking steps to improve their business/industry.
Second of all, your business must be eligible to pay corporation tax within the uk.
Thirdly, you need to be looking for a way to obtain an advance and be attempting to defeat the technical and real-life issues that stand in the way of an advance being attained, regardless of what the evolution is.
It is key to understand that for every hundred-thousand pounds worth of approved spend unearthed in your business, that you will be able to get either twenty five to thirty three percent of this identified investment.
To put it in other words, if your firm is in profit, you can anticipate a £25,000 reduction away from your upcoming government tax bill for each and every £100k of spend uncovered.
Lots of business owners hear those numbers and mistakenly think their firm would not come anywhere near those figures, but once they understand that up to 100% of their employees earnings are usually taken into account, you will see by just having as little as 2-3 workers how the amounts will stack up.
Our last business project did not work out as planned, would we still be able to claim?
Its great that our government keep an open-mind and applies some good judgment here, and so even where your projects didn't work you still might be able to claim R and D tax relief and retrieve a percentage of your costs.
Naturally, we have all heard the words, you can’t run before you can walk, and this same reasoning kind of applies here.
You'd be tremendously fortunate to reach your objective on your first attempt and thus, the government understand that there's every chance your company will be undergoing many different iterations to shift ever closer to securing the improvement, and so you may still have the capacity to mount a claim.
It's true that failure is really what educates human beings to achieve success. Providing you're gaining knowledge from your mistakes this tends to have the effect of improving your experience and know-how. It's very helpful to fail, and to fail swiftly as this shows you are learning.
Why do the government pay out on failed R&D projects?
As we have stated earlier the UK has a rather long reputation of pioneering new strategies to doing things, unique approaches, processes etc.
There's still a lot of uncertainty with the long-term repercussions Brexit could have however, one thing the united kingdom can do which will work as some kind of insurance is to invest in continually developing new and advanced ways to do things and developing new and enhanced methods, approaches and know-how that will be highly revered all over the world.
If humankind didn’t try and progress itself, we’d all still be living in caves. Attempting to get advancement is what has launched society forwards and we now all need to pinpoint the various remaining challenges humanity faces and take the appropriate steps to resolve them. If you're working towards an advance, you will be significantly compensated for your endeavours.
About Hamilton Wood & company. The UK’s leading Research and Development Tax Credit Specialists.
Our award-winning services are designed to help enhance UK small businesses.
We are extremely fortunate that our senior Research and Development tax credit technician resides on HMRC’s advisory R and D consultation panel.
Before the government update any of the guidelines surrounding the R and D program, they talk about the planned changes with a limited number of individuals and we are extremely proud that our senior analyst is among one of those on the consultation committee.
Our technical ability with R & D tax claims is second to none and so your company is in very safe hands with us.
Advantages of choosing Hamilton Wood & co to help with your R and D Tax Claim.
Our core-expertise with R and D Tax Credits is second-to-none. Our senior specialist resides on HMRC's consultation board for Research and Development so you're in incredibly safe hands.
We supply multi-award-winning business support created to help bolster UK businesses by helping to boost their bottom line.
We work hard to make certain your enterprise is always in a cash positive way. Our low-fees are only due when the government make funds available to you. Should we fail to identify a claim then there is no fee for our time.
We help our clients secure an average of over £46,000 in just 6 - 9 weeks.
We are a national Research and Development tax credit consultants that will safely optimise your Research and Development tax credit claim to make sure you receive your full, true financial award under the program.
We work with an approved methodology accepted by HMRC. We will help get more of your money back in your small business fast.
Our approach is indemnified which provides peace-of-mind with our process.
We’re trusted as the leading R&D tax credit experts in the UK.