Unlocking the benefits of Research & Development (R&D) Tax Relief is a strategic move that can significantly impact your company’s bottom line. At Pearson McKinsey, our experienced team has successfully completed numerous R&D tax relief claims, with clients saving substantial amounts, some up tens of thousands of pounds in Corporation Tax. We are here to help you maximize your claim and determine if your business is eligible.
Regardless of the size of your company, you can potentially claim R&D tax relief. Our team has the expertise to guide businesses of various scales through the process.
R&D Credits, a government incentive scheme, aim to encourage innovation by providing reductions in the Corporation Tax Bill for UK companies engaged in innovative activities. The UK boasts one of the most generous schemes, with an estimated £6 billion per annum available for reclamation by SMEs.
The scheme allows you to claim back costs associated with qualifying Research or Development projects. This can result in a reduction in your corporation tax bill or even a tax credit.
Our team will scrutinize your projects and services, analysing which ones qualify under the guidelines for R&D Tax Relief.
Looking back at your previous years, we ensure that all eligible activities are covered, maximizing the potential for reclaim.
Once qualifying projects are identified, we conduct a meticulous cost analysis to uncover every eligible expense, ensuring no penny is left unclaimed.
Fuel your innovation with confidence – our R&D Tax Relief service is your strategic ally in navigating and benefiting from this lucrative Government incentive scheme.
