R&D Tax Credits
Tax Reliefs and repayments are available for all eligible UK companies in qualifying R&D projects.
Consilium Chartered Accountants have a team of tax specialists who advise and support clients submitting claims for R&D tax relief. We have a strong track record of making successful, supportable claims.
Learn more about R&D tax credits below or contact our Tax Partner, Raymond Clarke to arrange a virtual or in-person meeting.
What can you claim R&D tax credits for?
Tax reliefs and repayments are available for all eligible UK companies in qualifying R&D Tax reliefs and repayments are available for all eligible UK companies in qualifying R&D projects, covering:
- Consumables/Materials expenses
- Human resource costs: salaries, employer NIC contributions, pension contributions
- Sub-contracted costs: utilities costs, consultancy fees
- Software costs.
Research and development tax relief is not limited to just industries or sectors typically associated with innovation like technology or pharmaceuticals. The only restrictions are that your business:
- Is a limited company in the UK
- Has undertaken qualifying research and development work
- Has spent money on these projects.
Why use Consilium to claim back R&D tax credits from HMRC?
Consilium are specialists in tax matters with a strong working relationship with the specialist R&D unit at HMRC.
The application process is complex and time consuming. We support clients through the whole claim process, offering an end-to-end service and negotiating with HMRC on their behalf.
Consilium also offer a fixed fee quotation in advance of your R&D Tax Relief claim rather than charge a percentage of your claim. Therefore, our clients will know in advance exactly what our expertise will cost. Furthermore, Consilium clients can call upon the full range of specialist Tax and wider business advisory services across Audit, Accountancy and Corporate Finance.
To arrange an initial virtual or in-person consultation, get in touch with our Tax Partner Raymond Clarke .