Research & Development (R&D) tax relief is a government tax incentive set up to compensate innovative companies for costs they have incurred in this area of their business.
There’s money hiding in the work that you do.
You would be surprised at what qualifies for R&D tax relief, and it’s not just about people in white lab coats.
Essentially, it is the government’s way of rewarding businesses that are developing new, or appreciably improving existing products, processes, systems and materials, and thereby increasing the country’s capacity for wealth creation.
Switched on Solutions provide a specialist R&D tax refund service for limited companies who have undertaken product or service development which has resulted in a financial cost to the business.
Are you eligible for R&D tax relief?
If you can answer yes to the following questions, then there is a significant chance that you will be eligible to make a claim.
- Do you own a limited company?
- Has your company been trading for more than 12 months?
- Have you developed a new or improved product or service?
R&D tax legislation is complicated but we have partnered with a team of experts who will do all of the hard work for you and will look at every aspect of your business to ensure that all qualifying aspects of your project are identified.
The money you get back could fund your next project.
Have you in the past two years invested in any.
- Software Development
- Development of innovative recipes
- Development of new materials
- Improved processes
- Development of new & improved products
- Environmental products
- Development of innovative formulas
The projects may have been successful or may have failed, both scenarios are eligible for R&D tax relief
The range of eligible industry sectors is varied and includes:
We provide a professional multi-disciplined service which provides you with the following benefits.
- 6 year claim support
- Accurate and robust tax report
- Maximum R&D tax savings
- Proactive and personal service
- 2 year retrospective claims
No Win No Fee
We operate on a ‘no win no fee’ basis and only charge a fee once the tax benefit has been identified and paid to your business. We do not require any up-front fees.
Contact us now using the form below so more information on how you can get money back from your research and development project.