RDEC for large companies
Large company R&D tax relief services
We take a proactive, agile approach to R&D tax relief services for large companies, tailored to your organisational structure and information systems. Our expert team flexes and scales to meet even the most complex client requirements.
We are experienced in submitting robust research and development expenditure credit (RDEC) claims, but our services stretch beyond end-to-end claim preparation to bespoke support for enquiries, development of in-house teams, due diligence and advice on international R&D programmes.
What sets R&D Claims apart for R&D tax relief
Managing complexity
We take a holistic view of large company R&D tax relief, striking the right balance between value and risk. We evaluate interdependencies with key business agendas. And we know that R&D activity can intersect different departments, group companies and tax jurisdictions.
With experience working with publicly listed and private companies as well as international groups, we are adept at managing multiple stakeholders to efficiently identify qualifying R&D and drive future investment.
Global reach, local presence
At R&D Claims we are specialists in UK innovation incentives. As part of a global consultancy, we know how international businesses operate. This informs our advice on R&D tax, looking beyond national boundaries to take a coordinated global view.
Through our work to shape R&D tax policy we are actively engaged in consultation on proposed changes to the treatment of overseas activity and can provide strategic advice to mitigate the potential impact on global R&D programmes.
Adviser-led, technology-enabled
We reject a one-size-fits-all approach as we know that all businesses face unique and evolving challenges. Our technical and sector experts build strong relationships with your in-house teams on the ground to deliver flexible, robust and timely R&D tax advice on your terms.
We use our proprietary technology to support our highly experienced team allowing them to focus on your projects. Our technology allows us to work securely and collaboratively with teams across your organisation, wherever they are located, to help manage your unique data needs.
Learn more about the merged scheme for R&D tax relief
The government confirmed in the Autumn Statement 2023 that a merged R&D scheme will be introduced for accounting periods beginning on or after 1 April 2024.
How to claim R&D tax credits with R&D Claims
There’s no one-size-fits-all approach to accessing R&D tax advice. Our team of experts adapt our tried-and-tested methodology to fit your business. Below are some of the stages you can expect as part of your engagement with us.
Discovery and
assessment
Your dedicated point of contact and expert project team will kick off your claim and work with you to identify the information needed to create your claim.
Do you have the expertise you need? Our expert team is made up of chartered tax advisers, accountants, lawyers, sector specialists, technical writers and account managers, hand-picked to support your specific business needs.
Information gathering and analysis
We combine tax technical firepower with in-depth sector knowledge to uncover the full extent of your qualifying R&D. Our chartered tax advisers and sector specialists will work directly with your finance and technical teams to gather all the information we need for your claim. We will then use this to create a bespoke methodology based on your records.
Are you currently spending too long preparing your R&D claim? Let our team do the heavy lifting and free up your team’s time.
Creating your R&D tax credit claim
We’d love to help you make the most of your innovation. We offer a range of tax advisory services. From our end-to-end R&D tax claim service, to delivering consultancy projects and enquiry support. We have the technical firepower to help your business grow.
Always tailored to your needs, we work flexibly to deliver actionable R&D tax advice on your terms.
Approvals and submission
We will share our reports with you for approval and will explain our findings. We will file your R&D tax credit claim for you via your Corporation Tax return (CT600) or work with your accountant to do so.
Do you understand what you’re claiming and why? Our team will explain their findings and communicate and manage any associated risks so you can be confident that you’re submitting a robust and defensible claim.
Dealing with HMRC on your behalf
After we’ve submitted your claim via your Corporation Tax return (CT600) we’ll keep in touch with HMRC to ensure minimal hold-ups. In the unlikely event HMRC opens an enquiry, we will work to resolve this for you.
Do you need support to ensure your claim remains on track? With increased scrutiny into R&D claims it pays to work with an experienced specialist who has an existing relationship with HMRC and understands what they are looking for.
Receiving your benefit and reinvesting
You are rewarded for your investment in innovation and your Corporation Tax bill will be reduced or your cash benefit is paid into your bank account. That’s money to spark your next big idea and fuel your continued growth – reinvesting in projects and people.
Are you thinking about future investment in R&D? Don’t treat your claim as a box-ticking exercise. With R&D Claims support you can embed a culture of innovation and use R&D tax reliefs as part of a strategic plan for your future growth.
Are you looking for a specific piece of advice?
Our team can provide your business with specialist advice, whatever stage you are at. From due diligence and claim reviews, to international projects and training – we’re here to support you with best-in-class tax advice.
Contact us
Speak to our expert team today
We’re passionate about helping our clients access the valuable funding they deserve for their innovation. Speak to our team to get started today.
Our insights
Consulting services for obtaining R&D tax credits for large enterprises in the UK
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Innovation is the key to success in today’s competitive world. The UK offers a range of incentives for businesses undertaking research and development (R&D). These incentives can significantly reduce your R&D costs and make the UK an attractive place to invest in innovation. Moreover, modern reality provides new opportunities for this every day.
What are R&D tax incentives?
R&D tax credits are tax credits or research and development credits available to businesses that invest in R&D. These benefits can be used to cover personnel, equipment and other expenses.
What types of R&D tax credits are available in the UK?
In the UK, there are two main types of R&D tax benefits:
– R&D deduction. This is a deduction from a company’s taxable income for R&D expenses.
– Patent award. This is a loan available to companies that obtain a patent for a new invention.
Who can get R&D tax credits in the UK?
R&D Tax Credits are available to all UK registered businesses that invest in R&D. This includes both large and small businesses, as well as companies from all industries.
How to get R&D tax credits in the UK?
To obtain R&D tax credits in the UK, companies must first apply to HM Revenue and Revenue (HMRC). The application must provide information about the R&D expenses that the company plans to reimburse.
How can consulting services help you obtain R&D tax benefits?
Consulting firms that specialise in R&D tax credits can help you navigate the complex rules and regulations associated with these credits. They can help you prepare your application and make sure you receive all the benefits you are entitled to.
Advantages of using consulting services to obtain tax benefits for R&D
- Expertise. In-depth knowledge of the rules and regulations associated with R&D tax credits enables us to provide comprehensive assistance to our clients.
- Save time. With our help, preparing an application quickly and efficiently is a simple and solvable task.
- Maximum compensation. We’ll quickly help you get all the benefits you’re entitled to.
- Risk reduction. We can help you avoid mistakes that could cost you your benefits.
If you are a large business carrying out R&D in the UK, you should consider using consultancy services to obtain R&D tax relief. We can help you save money and make the most of your R&D benefit scheme.
R&D Tax Credits can be a valuable incentive for large businesses carrying out R&D in the UK. As professionals who specialise in R&D tax credits, we can help you navigate the complex rules and regulations associated with these incentives and get all the benefits your company is entitled to.
A loan for R&D expenses can be a valuable tool not only for small and medium-sized businesses, but also for large companies seeking innovation and growth.