Let’s get straight to it. Much of the information out there about R&D tax relief is dry, boring and not very useful – and usually written by accountants that have never smelt engine grease.
This website is dedicated to creating a very simple overview of how manufacturing and engineering companies can maximise their R&D Tax claim.
We are always surprised at the number of companies that are not claiming, or not claiming the correct amount of R&D relief. You may be in either camp, and either way, we hope this website gives you enough information to get in touch with us so we can claim your refund!
We specialise in working with UK engineering and manufacturing companies to legally reclaim corporation tax they’ve unknowingly overpaid. After this initial claim, we continue to work with these businesses to prevent future overpayments.
Research and development (R&D) tax credits are a government tax relief that rewards UK companies for investing in innovation. Many companies that spend money developing new products, processes or services; or enhancing existing ones, are eligible for a cash refund and/or corporation tax reduction.
A vast number of businesses are eligible to claim, across the widest range of sectors, however, R&D Tax Claims focus on raising awareness amongst engineering and manufacturing companies regarding their eligibility to claim. See some of our success stories.
Our experience shows that all too often manufacturing and engineering companies perceive R&D as something undertaken by scientists wearing white coats in laboratories, rather than engineers in oily factories. However, successful manufacturing and engineering companies, who continually strive to deliver perfection at the lowest possible cost, will be finding clever and innovative ways of achieving this … i.e. they will be investing in R&D, as our success stories show.
R&D Tax Claims has a 100% record of success with R&D tax claims for manufacturing and engineering firms, because our team is comprised of engineers, many with decades of experience working in this sector.
Each client works with a R&D Tax Claims dedicated Account Manager, who will have a robust understanding of their industry. The Account Manager works with the client’s internal team of project managers, technical experts and estimators, providing them with everything they need to record time spent on R&D, making the process simple and easy.
Importantly, our Account Managers take the raw data and technical information collected and compile it in to a detailed report, ensuring that it complies with HMRC’s guidelines for making a successful claim.