If you’re a Limited business in the UK and trying a way to bolster your company’s bottom line, then Research and Development tax Credit claims may be just the ticket you’ve been looking for.
Still not sure how to help your business grow? Well, if you’re running a UK business then R&D tax credits are designed to help innovative businesses grow.
It’s possible for businesses to reclaim 33p in every pound invested trying to appreciably improve its products and services. As I write this, click the following internet page rules on R&D have just changed and they continue to do so.
“And, why should I be bothered,” I hear you say! Well here’s why…
You’d really be surprised how quickly the money adds up in your business’s favor. An average R&D Tax Credit Claim is valued at over £45,000 – £54,000 per year.
Depending on your company’s industry, most businesses in the UK can expect to recover £45,000 to £54,000 per year. More often than not this comes by way of an almost immediate cash rebate for most firms.
When it comes to making a claim, it is of prime importance your company is trying to create new products and or services in a new or enhanced way.
It is required that you are progressing towards securing a step forwards in your industry. You might be having to overcome problems and uncertainties in order to do this.
It is important to engage the support of Research & Development tax Credit specialists when you consider claiming Research & Development tax
Credit often fall beyond the sphere of traditional tax advisors as they are often not equipped to process quick yet sturdy forensic assessments of a claim.
A lot of companies are being pursued by HMRC for falsifying claims which of course will need to be repaid if the basis for the claim is not legitimate. It is therefor key to ensure that your business meets all of the criteria to safely claim R&D tax credits.
Trusted advisors to members of the Institute of Chartered Accountants in England and Wales, Hamilton Wood and Company have been helping thousands of businesses for over six years and are multi-award winners for the help and support they provide.
The advisors at Hamilton Wood & Co.Manchester quickly establish if your recent company’s projects may have the basis for a claim and help by preparing any claim on your behalf on a no win no fee basis.
It is important that you look into your claim ASAP as the incentive has recently changed. You wouldn’t want to lose out on what could be tens of thousands of pounds back. Hamilton Wood and Company are the UK’s leading experts when it comes to R&D tax credit claims.
To discuss a potential R & D tax Credit claim, contact the specialists at Hamilton Wood and Company Manchester today on 03330 16 9002.