How certain are your R&D claims?

Successful Research and Development (R&D) tax credit claims depend on the extent and quality of evidence provided to HMRC in support of the R&D claim. If your claims don’t follow a forensic approach, you need a R&D Rethink review.

What is R&D Rethink?

R&D Rethink is a bespoke R&D review service designed to give your R&D claims a robust stress test to identify where your claims are either undervalued or vulnerable to challenge by HMRC. We will also help you create streamlined systems and processes that improve your future claims to lock in a high-quality efficient approach to R&D claims.

Why do we need an R&D Rethink review?

If your business has ever had an R&D claim challenged by HMRC or not developed a robust claims process or not received the tax relief you thought you were entitled to, a review by our specialists can pinpoint the reason why and ensure your future claims are put on a much more robust footing.

Our forensic approach to identifying claims and analysing qualify costs is highly respected and the basis of our strong relationship with HMRC. With our support, you can build a positive relationship with HMRC and help safeguard the future flow of financial support to your business to fund the innovation that is key to your growth.

When is the best time to rethink our R&D claims?

Before you submit an R&D claim it is always worthwhile having it reviewed by acknowledged experts – if your R&D qualifies, we can provide comfort that your claim is robust, beyond doubt and should be paid out. We can apply the same forensic approach to review your past claims and identify if further costs can be claimed or if you need to put things right to protect your compliance reputation with HMRC.

If your R&D claim has been challenged by HMRC, we can help. We are frequently called upon to help resolve R&D disputes with HMRC. We will review your claim submission and, where necessary, assist you to ensure the R&D is correctly documented and evidenced or amended as needed to get to the correct figures which usually leads to a successful resolution with HMRC.

If you are seeking external funding or preparing for an exit transaction, an R&D Rethink review can demonstrate to all parties that your R&D processes and future flow of tax reliefs are sound. In compliance terms, a R&D Rethink review provides strong support for your SAO audit trail.

Who will help us rethink our R&D claims?

We have a dedicated R&D team comprising scientists and engineers who are specialists in diverse disciplines and sectors ranging from software to financial services, life sciences to chemical engineering, manufacturing to construction, marine to renewables and professional services; coupled with tax and accounting innovation incentive tax experts to give you the best possible R&D claims service.

How do I find out more?

Contact Carrie Rutland or Radeep Mathew today or use the form below and we will contact you to establish your current needs.